South Dakota Statutes
§ 49-33-15 — Director as stockholder--Minimum stock ownership.
South Dakota § 49-33-15
JurisdictionSouth Dakota
Title 49PUBLIC UTILITIES AND CARRIERS
Ch. 49-32AELECTRIC, STREET RAILWAY AND GAS CORPORATIONS
This text of South Dakota § 49-33-15 (Director as stockholder--Minimum stock ownership.) 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 § 49-33-15 (2026).
Text
No person shall be a director of a corporation organized under this chapter unless he is a stockholder thereof owning absolutely in his own right, or as trustee or personal representative, at least ten shares of the capital stock of such corporation and must be duly qualified to vote such stock at the election at which he shall be chosen.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
SDC 1939, § 52.1504.
Nearby Sections
15
§ 49-1-1
Repealed§ 49-1-10
Hearings before commission--Oaths.§ 49-1-11
Rules of commission.§ 49-1-13
Annual report to Governor--Contents.§ 49-1-13.1
Repealed§ 49-1-16
Duties of state's attorneys.§ 49-1-17
Repealed§ 49-1-19
Appeals from commission.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 49-33-15, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/49-33-15.