{"data":{"id":"us-sd/sdcl-47-1a-744.2","jurisdiction":"us-sd","citation":"SDCL § 47-1A-744.2","heading":"Factors not pertinent to determining independence of directors.","body":"None of the following is, by itself, cause for a director to be considered not independent for purposes of §§ 47-1A-744 to 47-1A-744.5, inclusive:\n(1) The nomination or election of the director by persons who are defendants in the derivative proceeding or against whom action is demanded;\n(2) The naming of the director as a defendant in the derivative proceeding or as a person against whom action is demanded; or\n(3) The approval by the director of the act being challenged in the derivative proceeding or demand if the act resulted in no personal benefit to the director.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-1A. SOUTH DAKOTA BUSINESS CORPORATION ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-1A-744.2","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"6e288658107b684b02ac78e2613b9737850c795296b1273a98b02987c705c8ea","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-1a-744.1","next":"us-sd/sdcl-47-1a-744.3"},"notice":"GroundRules: Original legal text. Not legal advice."}