South Dakota Statutes
§ 47-14B-14 — Liability of beneficial owner or trustee of foreign business trust.
South Dakota § 47-14B-14
This text of South Dakota § 47-14B-14 (Liability of beneficial owner or trustee of foreign 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 § 47-14B-14 (2026).
Text
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.
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Legislative History
SL 2001, ch 245, § 110.
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Repealed§ 47-1-3
Repealed§ 47-10-1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 § 47-14B-14, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-14B-14.