South Dakota Statutes
§ 47-14A-87 — Conversion to business trust not to affect liabilities incurred prior to conversion.
South Dakota § 47-14A-87
This text of South Dakota § 47-14A-87 (Conversion to business trust not to affect liabilities incurred prior to conversion.) 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-87 (2026).
Text
The conversion of any other business entity into a business trust may not be deemed to affect any obligations or liabilities of the other business entity incurred prior to its conversion to a business trust, or the personal liability of any person incurred prior to such conversion.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
SL 2001, ch 245, § 87.
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Repealed§ 47-1-3
Repealed§ 47-10-1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
Powers of corporations.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 47-14A-87, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-14A-87.