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2019 South Dakota Codified Laws
Title 47 - Corporations
Chapter 12 - Dental Corporations
§ 47-12-3.1 Revocable trust as shareholder, member, or partner--Conditions.
Universal Citation: SD Codified L § 47-12-3.1 (2019)
47-12-3.1. Revocable trust as shareholder, member, or partner--Conditions. Notwithstanding any other provisions of this chapter, a revocable trust may be a shareholder in a corporation, a member in a limited liability company, or a partner in a limited partnership, a limited liability limited partnership, or a limited liability partnership subject to this chapter, for so long as the grantor of the revocable trust is living and is a licensed dentist pursuant to chapter 36-6A.
Source: SL 2002, ch 205, § 7; SL 2017, ch 194, § 5.
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