South Dakota § 1-16H-12 Business interests not disqualification for membership--Abstention where conflict of interest.

South Dakota Statutes

§ 1-16H-12 — Business interests not disqualification for membership--Abstention where conflict of interest.

South Dakota § 1-16H-12

Title 1STATE AFFAIRS AND GOVERNMENT

Ch. 1-16HSCIENCE AND TECHNOLOGY AUTHORITY

This text of South Dakota § 1-16H-12 (Business interests not disqualification for membership--Abstention where conflict of interest.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 1-16H-12 (2026).

Text

Notwithstanding any other law to the contrary it is not a conflict of interest for a trustee, director, officer, or employee of any health institution, educational institution, financial institution, investment banking firm, brokerage firm, commercial bank or trust company, architectural firm, engineering firm, mining firm, insurance company, or any other firm, person, or corporation to serve as a member of the authority, if the trustee, director, officer, or employee abstains from deliberation, action, and vote by the authority in each instance where the business affiliation of any such trustee, director, officer, or employee is involved.

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Notwithstanding any other law to the contrary it is not a conflict of interest for a trustee, director, officer, or employee of any health institution, educational institution, financial institution, investment banking firm, brokerage firm, commercial bank or trust company, architectural firm, engineering firm, mining firm, insurance company, or any other firm, person, or corporation to serve as a member of the authority, if the trustee, director, officer, or employee abstains from deliberation, action, and vote by the authority in each instance where the business affiliation of any such trustee, director, officer, or employee is involved.