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S.D. Codified Laws § 56-3-3

Indemnity for past wrongful act valid

Source: SDC 1939, § 31.3103; repealed SL 1966, ch 111, § 5; re-enacted SL 1967, ch 235, § 3.

An agreement to indemnify a person against an act already done is valid, even though the act was known to be wrongful, unless it was a felony.

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