South Dakota Codified Laws 58-34-27. Representatives of subscribers not liable on contract
Current as of: 2023 | Check for updates
|
Other versions
Any officer, representative, trustee, receiver, or legal representative of any such subscriber shall be recognized as acting for or on its behalf for the purpose of such contract but shall not be personally liable upon the contract by reason of acting in such representative capacity.
Terms Used In South Dakota Codified Laws 58-34-27
- Contract: A legal written agreement that becomes binding when signed.
- Trustee: A person or institution holding and administering property in trust.
Source: SL 1966, ch 111, ch 19, § 19 (3).