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2019 South Dakota Codified Laws
Title 47 - Corporations
Chapter 14B - South Dakota Foreign Business Trust Act
§ 47-14B-1 Laws governing organization of foreign business trust.
Universal Citation: SD Codified L § 47-14B-1 (2019)
47-14B-1. Laws governing organization of foreign business trust. The laws of the state, territory, possession, or other jurisdiction or country under which a foreign business trust is organized govern its organization and internal affairs and the liability of its beneficial owners and trustees. A foreign business trust may not be denied registration by reason of any difference between those laws and the laws of the state.
Source: SL 2001, ch 245, ยง 97.
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