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Section 47-23-2 - Exoneration from personal liability — South Dakota Law | CourtGPT
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South Dakota Legal Code

Section 47-23-2 - Exoneration from personal liability

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47-23-2. Exoneration from personal liability.The directors, officers, employees, and members of the corporation shall not, as such, be liable on its obligations. Source: SDC 1939, §11.1406; SL 1965, ch 24, §12.