The directors, officers, employees, and members of the corporation shall not, as such, be liable on its obligations.
S.D. Codified Laws § 47-23-2
Exoneration from personal liability
Source: SDC 1939, § 11.1406; SL 1965, ch 24, § 12.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.