State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-23 > Statute-47-23-2

47-23-2. Exoneration from personal liability. The directors, officers, employees, and members of the corporation shall not, as such, be liable on its obligations.

Source: SDC 1939, § 11.1406; SL 1965, ch 24, § 12.

State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-23 > Statute-47-23-2

47-23-2. Exoneration from personal liability. The directors, officers, employees, and members of the corporation shall not, as such, be liable on its obligations.

Source: SDC 1939, § 11.1406; SL 1965, ch 24, § 12.