There is a newer version
of
this Section
2017 South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 14A - South Dakota Business Trust Act
§ 47-14A-78 Absence of indemnity provision in governing instrument not conclusive.
Universal Citation: SD Codified L § 47-14A-78 (2017)
47-14A-78. Absence of indemnity provision in governing instrument not conclusive. The absence of a provision for indemnity in the governing instrument of a business trust may not be construed to deprive any trustee or beneficial owner or other person of any right to indemnity which is otherwise available to such person under the laws of this state.
Source: SL 2001, ch 245, ยง 78.
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
