{"data":{"id":"us-sd/sdcl-47-14a-7","jurisdiction":"us-sd","citation":"SDCL § 47-14A-7","heading":"Liability of officers, employees, and others managing business of trust.","body":"Except to the extent otherwise provided in the governing instrument of a business trust, an officer, employee, manager, or other person acting pursuant to subdivision 47-14A-25(7), 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.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-14A. SOUTH DAKOTA BUSINESS TRUST ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-14A-7","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"d1cc41634ee22e1c8e6d3fdc791eed2ce3bd16dc05c66c4bd5963742a1ba7c78","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-14a-6","next":"us-sd/sdcl-47-14a-8"},"notice":"GroundRules: Original legal text. Not legal advice."}
