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2018 South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 30 - Corporate Frauds And Mismanagement
§ 47-30-10 Director's liability for failure to perform duties--Misdemeanor.
Universal Citation: SD Codified L § 47-30-10 (2018)
47-30-10. Director's liability for failure to perform duties--Misdemeanor. Any director of a corporation who intentionally does an act, as director, which is expressly forbidden by law, or intentionally omits to perform a duty expressly imposed upon him as director, by law, the punishment for which act or omission is not otherwise prescribed, is guilty of a Class 2 misdemeanor.
Source: SDC 1939, § 13.4315; SL 1983, ch 15, § 55.
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