South Dakota Statutes
§ 58-5-64 — Stock ownership not a prohibited pecuniary interest.
South Dakota § 58-5-64
This text of South Dakota § 58-5-64 (Stock ownership not a prohibited pecuniary 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 § 58-5-64 (2026).
Text
Any of the persons referred to in §§ 58-5-61 to 58-5-63 , inclusive, shall not be deemed pecuniarily interested in any transaction with another corporation in which such person has no pecuniary interest other than ownership of stock or other securities issued by such corporation and representing a relatively trivial interest therein.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
SL 1966, ch 111, ch 16, § 22 (4).
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 58-5-64, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-5-64.