South Dakota Statutes
§ 47-14A-30 — One trustee required to have residence or principal place of business in state.
South Dakota § 47-14A-30
This text of South Dakota § 47-14A-30 (One trustee required to have residence or principal place of business in state.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 47-14A-30 (2026).
Text
Every business trust shall at all times have at least one trustee which, in the case of a natural person, shall be a person who is a resident of this state or which, in all other cases, has its principal place of business in this state.
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Legislative History
SL 2001, ch 245, § 30.
Nearby Sections
15
§ 47-1-1
Repealed§ 47-1-3
Repealed§ 47-10-1
Purposes of corporations.§ 47-10-10
Incorporators.§ 47-10-11
Directors--Number and term of office.§ 47-10-13
Accumulation of surplus--Use of surplus.§ 47-10-14
Persons authorized to hold common stock.§ 47-10-18
Nonstockholder members--Duty to lend.§ 47-10-2
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Bluebook (online)
South Dakota § 47-14A-30, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-14A-30.