State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-22 > Statute-47-22-41

47-22-41. Liability for actions during emergency--Willful misconduct. No officer, director, or employee acting in accordance with any emergency bylaws shall be liable except for willful misconduct. No officer, director, or employee shall be liable for any action taken by him in good faith in any emergency described in § 47-22-35 in furtherance of the ordinary affairs of the corporation even though not authorized by the bylaws then in effect.

Source: SL 1965, ch 24, § 14.

State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-22 > Statute-47-22-41

47-22-41. Liability for actions during emergency--Willful misconduct. No officer, director, or employee acting in accordance with any emergency bylaws shall be liable except for willful misconduct. No officer, director, or employee shall be liable for any action taken by him in good faith in any emergency described in § 47-22-35 in furtherance of the ordinary affairs of the corporation even though not authorized by the bylaws then in effect.

Source: SL 1965, ch 24, § 14.


State Codes and Statutes

State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-22 > Statute-47-22-41

47-22-41. Liability for actions during emergency--Willful misconduct. No officer, director, or employee acting in accordance with any emergency bylaws shall be liable except for willful misconduct. No officer, director, or employee shall be liable for any action taken by him in good faith in any emergency described in § 47-22-35 in furtherance of the ordinary affairs of the corporation even though not authorized by the bylaws then in effect.

Source: SL 1965, ch 24, § 14.