{"data":{"id":"us-sd/sdcl-47-30-11","jurisdiction":"us-sd","citation":"SDCL § 47-30-11","heading":"Director deemed to possess knowledge.","body":"Every director of a corporation is deemed to possess such a knowledge of the affairs of his corporation as to enable him to determine whether any act, proceeding, or omission of its directors, is a violation of this chapter.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-30. CORPORATE FRAUDS AND MISMANAGEMENT"],"source_url":"https://sdlegislature.gov/Statutes/47-30-11","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"0e66ed9e1c58e34b76dff6eb5c5fe552dc1cf9db4d6a2c09e96411695ddd03eb","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-30-10","next":"us-sd/sdcl-47-30-12"},"notice":"GroundRules: Original legal text. Not legal advice."}