S.D. Codified Laws § 49-33-15
Current through the 2024 Legislative Session
No person shall be a director of a corporation organized under this chapter unless he is a stockholder thereof owning absolutely in his own right, or as trustee or personal representative, at least ten shares of the capital stock of such corporation and must be duly qualified to vote such stock at the election at which he shall be chosen.
SDCL 49-33-15