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2019 South Dakota Codified Laws
Title 47 - Corporations
Chapter 14B - South Dakota Foreign Business Trust Act
§ 47-14B-14 Liability of beneficial owner or trustee of foreign business trust.
Universal Citation: SD Codified L § 47-14B-14 (2019)
47-14B-14. Liability of beneficial owner or trustee of foreign business trust. A beneficial owner or a trustee of a foreign business trust is not liable for the obligations of the foreign business trust solely by reason of the business trust's having done business in the state without registration.
Source: SL 2001, ch 245, ยง 110.
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