{"data":{"id":"us-sd/sdcl-47-30-1","jurisdiction":"us-sd","citation":"SDCL § 47-30-1","heading":"Fraudulent subscription agreement--Misdemeanor.","body":"Any person:\n(1) Who signs the name of a fictitious person to a subscription for, or agreement to take stock in a corporation, existing or proposed; or\n(2) Who procures another to sign such subscription or agreement:\n(a) Knowing that the other person does not have the means or does not intend in good faith to comply with all the terms thereof; or\n(b) Under an understanding or agreement that the terms of the subscription or agreement will not be complied with or enforced;\nis guilty of a Class 2 misdemeanor.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-30. CORPORATE FRAUDS AND MISMANAGEMENT"],"source_url":"https://sdlegislature.gov/Statutes/47-30-1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"e4e7f79b22eb16a12b07836085164b3705de1ff4d8c76c5d79879ac793d50c44","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-29-26","next":"us-sd/sdcl-47-30-2"},"notice":"GroundRules: Original legal text. Not legal advice."}
