Every duly elected or appointed executive officer of a corporation, other than a charitable, religious, educational, or other nonprofit corporation, shall be an employee of such corporation under this title.
S.D. Codified Laws § 62-1-7
Executive officers as employees of corporations--Exception as to nonprofit corporations
Applied in 1 court decision — leading case Wilson v. Hasvold (1972)
Most recently applied in Wilson v. Hasvold (February 1972)
Source: SDC 1939, § 64.0102 (2) (b) as added by SL 1957, ch 495; SL 1959, ch 454.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.