Liability of officer

SDCL § 47-1A-842.2 — under SOUTH DAKOTA BUSINESS CORPORATION ACT.

SDCL § 47-1A-842.2

An officer is not liable to the corporation or its shareholders for any decision to take or not to take action, or any failure to take any action, as an officer, if the duties of the office are performed in compliance with §§ 47-1A-842 and