A corporation or transfer agent incurs no liability to any person by making a transfer or otherwise acting in a manner authorized by this chapter.
S.D. Codified Laws § 55-8-12
Nonliability of corporation or transfer agent for authorized acts
Known as the Uniform Act
The act spans §§ 55–55 (18 sections).
Source: SL 1961, ch 22, § 6.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.