{"data":{"id":"us-sd/sdcl-49-33-15","jurisdiction":"us-sd","citation":"SDCL § 49-33-15","heading":"Director as stockholder--Minimum stock ownership.","body":"No person shall be a director of a corporation organized under this chapter unless he is a stockholder thereof owning absolutely in his own right, or as trustee or personal representative, at least ten shares of the capital stock of such corporation and must be duly qualified to vote such stock at the election at which he shall be chosen.","path":["TITLE 49. PUBLIC UTILITIES AND CARRIERS","CHAPTER 49-33. ELECTRIC, STREET RAILWAY AND GAS CORPORATIONS"],"source_url":"https://sdlegislature.gov/Statutes/49-33-15","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"d72cdcd501303976a34b65624bcf827442bbc47f2c7f91a6549962c3b113bfc8","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-49-33-14.2","next":"us-sd/sdcl-49-33-16"},"notice":"GroundRules: Original legal text. Not legal advice."}