{"data":{"id":"us-sd/sdcl-47-14a-2","jurisdiction":"us-sd","citation":"SDCL § 47-14A-2","heading":"Beneficial owner's contribution to business trust--Contribution not required.","body":"A contribution of a beneficial owner to the business trust may be in cash, property, or services rendered, or a promissory note or other obligation to contribute cash or property or to perform services. However, a person may become a beneficial owner of a business trust and may receive a beneficial interest in a business trust without making a contribution or being obligated to make a contribution to the business trust.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-14A. SOUTH DAKOTA BUSINESS TRUST ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-14A-2","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"dd9efcac0e251a5c8dd42848c9ac56d4e5ab673f7146fdd0d499ddb12602a0cf","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-14a-1","next":"us-sd/sdcl-47-14a-3"},"notice":"GroundRules: Original legal text. Not legal advice."}