47-30-10. Director's liability for failure to perform duties--Misdemeanor.
Any director of a corporation who intentionally does an act, as director, which is expressly forbidden by law, or intentionally omits to perform a duty expressly imposed upon him as director, by law, the punishment for which act or omission is not otherwise prescribed, is guilty of a Class 2 misdemeanor.
Source: SDC 1939, §13.4315; SL 1983, ch 15, §55.