South Dakota Codified Laws 58-29A-59. Reimbursement of director’s expenses
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Members of the board may be reimbursed from the assets of the association for expenses incurred by them as members of the board of directors.
Terms Used In South Dakota Codified Laws 58-29A-59
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Source: SL 2000, ch 247, § 6.