S.D. Codified Laws § 47-10-20

Current through the 2024 Legislative Session

Section 47-10-20 - Nonstockholder members-Liability for debts

Nonstockholder members of a business development credit corporation do not assume any liability for the debts of the corporation.

SDCL 47-10-20

SL 1957, ch 314, § 5; SDC Supp 1960, § 55.6005 (2) (d).