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2018 South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 14A - South Dakota Business Trust Act
§ 47-14A-90 Conversion to be approved under business entity's governing instrument.
Universal Citation: SD Codified L § 47-14A-90 (2018)
47-14A-90. Conversion to be approved under business entity's governing instrument. Prior to filing a certificate of conversion to business trust with the Office of the Secretary of State, the conversion shall be approved in the manner provided for by the document, instrument, agreement, or other writing, as the case may be, governing the internal affairs of the other business entity and the conduct of its business or by applicable law, as appropriate, and a governing instrument shall be approved by the same authorization required to approve the conversion.
Source: SL 2001, ch 245, ยง 90.
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