Any corporation which fails to file any report required by this chapter or intentionally files false information on any report required by this chapter is subject to a civil fine of not more than one thousand dollars.

Terms Used In South Dakota Codified Laws 47-9A-20

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.

Source: SL 1974, ch 294, § 7; SL 1983, ch 15, § 31; SL 1983, ch 331, § 3.

  Previous section
Next section  
 Chapter 9A Contents