State Codes and Statutes
Statutes > South-dakota > Title-47 > Chapter-01a > Statute-47-1a-84247-1A-842. Standards of conduct for officers. An officer, when performing in such capacity, shall act:
(1) In good faith;
(2) With the care that a person in a like position would reasonably exercise under similar circumstances; and
(3) In a manner the officer reasonably believes to be in the best interests of the corporation.
Source: SL 2005, ch 239, § 166.
