§ 47-23-2 Exoneration from personal liability.

SD Codified L § 47-23-2 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

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.