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2017 South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 14A - South Dakota Business Trust Act
§ 47-14A-77 Indemnification of trustee or beneficial owner.
Universal Citation: SD Codified L § 47-14A-77 (2017)
47-14A-77. Indemnification of trustee or beneficial owner. Subject to such standards and restrictions, if any, as are set forth in the governing instrument of a business trust, a business trust may indemnify and hold harmless any trustee or beneficial owner or other person from and against any and all claims and demands whatsoever.
Source: SL 2001, ch 245, ยง 77.
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