South Dakota Statutes
§ 47-14A-37 — Dissolution of trust determined by governing instrument.
South Dakota § 47-14A-37
This text of South Dakota § 47-14A-37 (Dissolution of trust determined by governing instrument.) 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-37 (2026).
Text
In the event that a business trust does not have perpetual existence, a business trust is dissolved and its affairs shall be wound up at the time or upon the happening of events specified in the governing instrument.
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Legislative History
SL 2001, ch 245, § 37.
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Repealed§ 47-1-3
Repealed§ 47-10-1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-37, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-14A-37.