State of South Dakota, Department of Revenue, Plaintiff and Appellant v. Bruce E. Thiewes and Jesse Lee, Defendants…

Summary

The South Dakota Supreme Court reversed the trial court’s summary judgment in favor of corporate officers Thiewes and Lee and remanded the case for trial. It held that the officers failed to demonstrate that the corporation’s $5,000 bond satisfied the statutory two‑pronged test required to shield them from personal liability for unpaid sales taxes.