S.D. Codified Laws § 47-11G-6
Current through the 2024 Legislative Session
The president of a corporation formed pursuant to this chapter must be a shareholder and director. To the extent possible, all other directors and officers must be persons having the qualifications set forth in § 47-11G-2. Lay directors and officers may not exercise any authority over professional matters.
SDCL 47-11G-6