SDCL § 47-14A-30: One trustee required to have residence or principal place of business in state.
Where this section sits in the code
- TITLE 47. CORPORATIONS
- CHAPTER 47-14A. SOUTH DAKOTA BUSINESS TRUST ACT
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.
Collected 2026-09-03T15:18:57Z. Source file · JSON