South Dakota Codified Laws 56-3-2. Indemnity for a future wrongful act void
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An agreement to indemnify a person against an act thereafter to be done, is void if the act be known by such person at the time of doing it to be unlawful. This section shall only apply to an unlawful act that involves moral turpitude.
Terms Used In South Dakota Codified Laws 56-3-2
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
Source: SDC 1939, § 31.3102; repealed SL 1966, ch 111, § 5; re–enacted SL 1967, ch 235, § 2.