{"data":{"id":"us-sd/sdcl-47-1a-842","jurisdiction":"us-sd","citation":"SDCL § 47-1A-842","heading":"Standards of conduct for officers.","body":"An officer, when performing in such capacity, shall act:\n(1) In good faith;\n(2) With the care that a person in a like position would reasonably exercise under similar circumstances; and\n(3) In a manner the officer reasonably believes to be in the best interests of the corporation.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-1A. SOUTH DAKOTA BUSINESS CORPORATION ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-1A-842","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"2998af2ebe674841fba824d12551c1f113ac50cd8a47d6b5fcf3ff8d045b4074","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-1a-841","next":"us-sd/sdcl-47-1a-842.1"},"notice":"GroundRules: Original legal text. Not legal advice."}