{"data":{"id":"us-sd/sdcl-47-14a-79","jurisdiction":"us-sd","citation":"SDCL § 47-14A-79","heading":"Power of business trust to acquire interest held by beneficial owner.","body":"Except to the extent otherwise provided in the governing instrument of a business trust, a business trust may acquire, by purchase, redemption, or otherwise, any beneficial interest in the business trust held by a beneficial owner of the business trust. Except to the extent otherwise provided in the governing instrument of a business trust, any such interest so acquired by a business trust shall be deemed canceled.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-14A. SOUTH DAKOTA BUSINESS TRUST ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-14A-79","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"cf7f376ba1a4731d4957a18a4e526dbc947d20819351c74db0fb5993faa392fc","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-14a-78","next":"us-sd/sdcl-47-14a-80"},"notice":"GroundRules: Original legal text. Not legal advice."}