Section 37-25A-34 - Liability not imposed on acts conforming to rule, form or order. - South Dakota Statutes

37-25A-34. Liability not imposed on acts conforming to rule, form or order. No provision of this chapter imposing any liability applies to any act done or omitted in good faith in conformity with any rule, form, or order of the director of the Division of Securities, notwithstanding that the rule, form, or order may later be amended or rescinded or may be determined by judicial or other authority to be invalid for any reason.

Source: SL 1985, ch 305, § 34.