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2018 South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 14B - South Dakota Foreign Business Trust Act
§ 47-14B-13 Failure of foreign business trust to register.
Universal Citation: SD Codified L § 47-14B-13 (2018)
47-14B-13. Failure of foreign business trust to register. The failure of a foreign business trust to register in the state does not:
(1) Impair the validity of any contract or act of the foreign business trust;
(2) Impair the right of any other party to the contract to maintain any action, suit, or proceeding on the contract; or
(3) Prevent the foreign business trust from defending any action, suit, or proceeding in any court of the state.
Source: SL 2001, ch 245, ยง 109.
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