SDCL § 47-14B-13: Failure of foreign business trust to register.

The failure of a foreign business trust to register in the state does not:

(1) Impair the validity of any contract or act of the foreign business trust;

(2) Impair the right of any other party to the contract to maintain any action, suit, or proceeding on the contract; or

(3) Prevent the foreign business trust from defending any action, suit, or proceeding in any court of the state.