There is a newer version of the South Dakota Codified Laws
2006 South Dakota Code - 55-8-3 — Application of chapter.
55-8-3. Application of chapter. This chapter applies to the rights and duties of a person other than the corporation and its transfer agents with regard to acts and omissions in this state in connection with the acquisition, disposition, assignment, or transfer of a security by or to a fiduciary and of a person who guarantees in this state the signature of a fiduciary in connection with such a transaction.Source: SL 1961, ch 22, § 8 (2).
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