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S.D. Codified Laws § 43-2B-7

No duty to inquire unless expressly required--Liability limited

Source: SL 2026, ch 177, § 7.

Effective July 1, 2026

43-2B-7. No duty to inquire unless expressly required--Liability limited.

Except as expressly provided in this chapter, a person that is not a prohibited entity does not have any duty to determine or inquire whether another person is a prohibited entity or is otherwise subject to this chapter.

A person that is not a prohibited entity may not be held liable under this chapter for failing to determine or inquire whether another person is a prohibited entity.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.