South Dakota Codified Laws
Chapter 23 - Conflicts Of Interest
Section 3-23-2.1 - Circumstances under which state authority, board, or commission member has interest in contract.

3-23-2.1. Circumstances under which state authority, board, or commission member has interest in contract.
An elected or appointed member of a state authority, board, or commission has an interest in a contract if the member, the member's spouse, or any other person with whom the member lives or commingles assets:
(1)Is employed by a party to the contract; or
(2)Receives more than nominal compensation or reimbursement for actual expenses for serving on the board of directors of an entity that derives income or commission directly from the contract or acquires property under the contract.

Source: SL 2017, ch 31, §4.

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Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 3 - Public Officers and Employees

Chapter 23 - Conflicts Of Interest

Section 3-23-1 - State authority, board, and commission members prohibited from having interest in or deriving direct benefit from contract.

Section 3-23-1.1 - Definitions.

Section 3-23-2 - Circumstances under which state authority, board, or commission member derives direct benefit.

Section 3-23-2.1 - Circumstances under which state authority, board, or commission member has interest in contract.

Section 3-23-2.2 - Circumstances under which state authority, board, or commission member does not derive direct benefit from or have interest in contract.

Section 3-23-3 - Circumstances under which state authority, board, or commission may authorize member to derive direct benefit from contract.