South Dakota § 47-22-65.5 Indemnification not exclusive of other rights--Continuation of benefits to former employees--Benefits to deceased employees.

South Dakota Statutes

§ 47-22-65.5 — Indemnification not exclusive of other rights--Continuation of benefits to former employees--Benefits to deceased employees.

South Dakota § 47-22-65.5

Title 47CORPORATIONS

Ch. 47-22NONPROFIT CORPORATIONS--FORMATION AND GENERAL POWERS

This text of South Dakota § 47-22-65.5 (Indemnification not exclusive of other rights--Continuation of benefits to former employees--Benefits to deceased employees.) 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 § 47-22-65.5 (2026).

Text

No indemnification provided by §§ 47-22-65.1 to 47-22-65.8 , inclusive, is exclusive of any other rights to which those seeking indemnification may be entitled under any bylaw, agreement, vote of disinterested directors, or otherwise, both as to action in his official capacity and as to action in another capacity while holding such office, and shall continue as to a person who has ceased to be a director, officer, employee, or agent and shall inure to the benefit of the heirs and personal representatives of such a person.

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No indemnification provided by §§ 47-22-65.1 to 47-22-65.8 , inclusive, is exclusive of any other rights to which those seeking indemnification may be entitled under any bylaw, agreement, vote of disinterested directors, or otherwise, both as to action in his official capacity and as to action in another capacity while holding such office, and shall continue as to a person who has ceased to be a director, officer, employee, or agent and shall inure to the benefit of the heirs and personal representatives of such a person.