20:06:04:43Exemption of certain securities from insider
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
trading. A security is exempt from the operation of SDCL 58-5-70 to the extent necessary to render lawful under that section the execution by a broker of an order for an account in which the broker has no direct or indirect interest.
Source: 4 SDR 6, effective August 9, 1977; 12 SDR 151, 12 SDR 155, effective July 1, 1986.