South Dakota § 1-16H-12 - Business interests not disqualification for membership--Abstention where conflict of interest.
Full text of South Dakota South Dakota Codified Laws § 1-16H-12 — Business interests not disqualification for membership--Abstention where conflict of interest., with citation guidance and answers to common questions.
§ 1-16H-12. Business interests not disqualification for membership--Abstention where conflict of interest.
Notwithstanding any other law to the contrary it is not a conflict of interest for a trustee, director, officer, or employee of any health institution, educational institution, financial institution, investment banking firm, brokerage firm, commercial bank or trust company, architectural firm, engineering firm, mining firm, insurance company, or any other firm, person, or corporation to serve as a member of the authority, if the trustee, director, officer, or employee abstains from deliberation, action, and vote by the authority in each instance where the business affiliation of any such trustee, director, officer, or employee is involved.
Source: SL 2004, ch 15, § 12.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 1-16H-12
What does South Dakota Codified Laws § 1-16H-12 cover?
Section 1-16H-12 ("Business interests not disqualification for membership--Abstention where conflict of interest.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 1-16H-12?
A common citation format is "South Dakota Codified Laws § 1-16H-12" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 1-16H-12 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.