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Code · South Dakota · Title 51 · Chapter 51-1

51A-1-4. Disqualification of officer, employee or director for violation--Civil liability.

58 words·~1 min read·/sd/title-51/chapter-51-1/51a-1-4·

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Any officer, employee or director of a bank who is convicted of violating any of the provisions of this title is disqualified from thereafter acting as an officer, employee or director of any bank and is liable in a civil action to such bank or any of its stockholders for all losses sustained by reason of such violations.
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