South Dakota § 47-30-1 - Fraudulent subscription agreement--Misdemeanor.
Full text of South Dakota South Dakota Codified Laws § 47-30-1 — Fraudulent subscription agreement--Misdemeanor., with citation guidance and answers to common questions.
§ 47-30-1. Fraudulent subscription agreement--Misdemeanor.
Any person:
(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
(2) Who procures another to sign such subscription or agreement:
(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
(b) Under an understanding or agreement that the terms of the subscription or agreement will not be complied with or enforced;
is guilty of a Class 2 misdemeanor.
Source: SDC 1939, § 13.4307; SL 1983, ch 15, § 47.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 47-30-1
What does South Dakota Codified Laws § 47-30-1 cover?
Section 47-30-1 ("Fraudulent subscription agreement--Misdemeanor.") 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 § 47-30-1?
A common citation format is "South Dakota Codified Laws § 47-30-1" (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 § 47-30-1 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.