For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Receipt of corporate property without proper accounting entry as theft.

SDCL § 47-30-4
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
47-30-4. Receipt of corporate property without proper accounting entry as theft. Any director, officer, or agent of a corporation, who knowingly receives or possesses property of the corporation, otherwise than in payment of a just demand, and who, with intent to defraud, omits to make or cause to be made a full and true entry thereof in the books or accounts of the corporation, is guilty of a theft. SDC 1939, § 13.4311; SL 1983, ch 15, § 49.
Source: South Dakota Legislature (sdlegislature.gov)URL: https://sdlegislature.gov/Statutes/47-30-4Fetched: 10/20/2026

Starting a business in South Dakota? South Dakota LLC guide: costs and requirements