Statutes, codes, and regulations
South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 14A - SOUTH DAKOTA BUSINESS TRUST ACT
Section 47-14A-36 - Death or incapacity of beneficial owner need not terminate business trust

S.D. Codified Laws § 47-14A-36

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Current through the 2024 Legislative Session
Section 47-14A-36 - Death or incapacity of beneficial owner need not terminate business trust

Except to the extent otherwise provided in the governing instrument of a business trust, the death, incapacity, dissolution, termination, or bankruptcy of a beneficial owner may not result in the termination or dissolution of a business trust.

SDCL 47-14A-36

SL 2001, ch 245, §36.