There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 11 PLANNING, ZONING AND HOUSING PROGRAMS
Chapter 11. South Dakota Housing Development Authority
§11-11-14 Corporate officers and employees eligible as commissioners--Abstention on conflict of interests.
SD Codified L § 11-11-14 (through 2011) What's This?
11-11-14. Corporate officers and employees eligible as commissioners--Abstention on conflict of interests. Notwithstanding any other law to the contrary it shall not be or constitute a conflict of interest for a director, officer, or employee of any financial institution, investment banking firm, brokerage firm, commercial bank or trust company, architecture firm, insurance company, or any other firm, person, or corporation to serve as a member of the authority, provided such trustee, director, officer, or employee shall abstain from deliberation, action, and vote by the authority in each instance where the business affiliation of any such trustee, director, officer, or employee is involved.
Source: SL 1973, ch 180, § 11; SDCL Supp, § 28-19-13.
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