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2019 South Dakota Codified Laws
Title 47 - Corporations
Chapter 14A - South Dakota Business Trust Act
§ 47-14A-18 Creditors of beneficial owners have no rights in business trust property.
Universal Citation: SD Codified L § 47-14A-18 (2019)
47-14A-18. Creditors of beneficial owners have no rights in business trust property. No creditor of the beneficial owner shall have any right to obtain possession of, or otherwise exercise legal or equitable remedies with respect to, the property of the business trust.
Source: SL 2001, ch 245, ยง 18.
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