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2019 South Dakota Codified Laws
Title 47 - Corporations
Chapter 14A - South Dakota Business Trust Act
§ 47-14A-87 Conversion to business trust not to affect liabilities incurred prior to conversion.
Universal Citation: SD Codified L § 47-14A-87 (2019)
47-14A-87. Conversion to business trust not to affect liabilities incurred prior to conversion. The conversion of any other business entity into a business trust may not be deemed to affect any obligations or liabilities of the other business entity incurred prior to its conversion to a business trust, or the personal liability of any person incurred prior to such conversion.
Source: SL 2001, ch 245, ยง 87.
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