South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 47-14A-6: Liability of trustees.

Where this section sits in the code

TITLE 47. CORPORATIONS
CHAPTER 47-14A. SOUTH DAKOTA BUSINESS TRUST ACT

Except to the extent otherwise provided in the governing instrument of a business trust, a trustee, when acting in such capacity, is not personally liable to any person other than the business trust or a beneficial owner for any act, omission, or obligation of the business trust or any trustee thereof.

Collected 2026-09-03T15:18:57Z. Source file · JSON

Browse this collection