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2018 South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 14A - South Dakota Business Trust Act
§ 47-14A-13 Trustee or beneficial owner may consent to jurisdiction.
Universal Citation: SD Codified L § 47-14A-13 (2018)
47-14A-13. Trustee or beneficial owner may consent to jurisdiction. In the governing instrument of the business trust or other writing, a trustee or beneficial owner may consent to be subject to the nonexclusive jurisdiction of the courts of, or arbitration in, a specified jurisdiction, or the exclusive jurisdiction of the courts of the state, or the exclusivity of arbitration in a specified jurisdiction or the state, and to be served with legal process in the manner prescribed in such governing instrument of the business trust or other writing.
Source: SL 2001, ch 245, ยง 13.
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