South Dakota Statutes
§ 47-14A-36 — Death or incapacity of beneficial owner need not terminate business trust.
South Dakota § 47-14A-36
This text of South Dakota § 47-14A-36 (Death or incapacity of beneficial owner need not terminate business trust.) 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-36 (2026).
Text
Except to the extent otherwise provided in the governing instrument of a business trust, the death, incapacity, dissolution, termination, or bankruptcy of a beneficial owner may not result in the termination or dissolution of a business trust.
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Legislative History
SL 2001, ch 245, § 36.
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Repealed§ 47-1-3
Repealed§ 47-10-1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-36, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-14A-36.