South Dakota · Statutes
Chapter 14A
96 sections
96 sections
- S.D. Codified Laws § 47-14A-1Definitions
- S.D. Codified Laws § 47-14A-2Beneficial owner's contribution to business trust--Contribution not required
- S.D. Codified Laws § 47-14A-3Obligation of beneficial owner--Cash value of contribution as option in addition to other remedies
- S.D. Codified Laws § 47-14A-4Penalties or consequences for failure to make contribution
- S.D. Codified Laws § 47-14A-5Liability of beneficial owners
- S.D. Codified Laws § 47-14A-6Liability of trustees
- S.D. Codified Laws § 47-14A-7Liability of officers, employees, and others managing business of trust
- S.D. Codified Laws § 47-14A-8Usury not a defense against beneficial owner's obligation
- S.D. Codified Laws § 47-14A-9Power to sue and be sued--Liabilities--Property subject to attachment--Exception for separately designed series
- S.D. Codified Laws § 47-14A-10Trustee may be served with process
- S.D. Codified Laws § 47-14A-11Service of process--Fee if service made on secretary of state
- S.D. Codified Laws § 47-14A-12Time for responsive pleading
- S.D. Codified Laws § 47-14A-13Trustee or beneficial owner may consent to jurisdiction
- S.D. Codified Laws § 47-14A-14Service of process not limited
- S.D. Codified Laws § 47-14A-15Circuit court jurisdiction over business trusts
- S.D. Codified Laws § 47-14A-16Doing business in state by reason of being trustee
- S.D. Codified Laws § 47-14A-17Beneficial owner to have undivided interest in trust property--Proportionate share in profits and losses
- S.D. Codified Laws § 47-14A-18Creditors of beneficial owners have no rights in business trust property
- S.D. Codified Laws § 47-14A-19Beneficial owner's interest in business trust as personal property
- S.D. Codified Laws § 47-14A-20Beneficial owner's interest transferable
- S.D. Codified Laws § 47-14A-21Beneficial owner entitled to distribution becomes creditor of business trust
- S.D. Codified Laws § 47-14A-22Title to property of business trust may be held by trustee
- S.D. Codified Laws § 47-14A-23Creditors of trustee have no rights in business trust property
- S.D. Codified Laws § 47-14A-24Trustees to manage affairs of business trust--Persons entitled to direct trustees--Power to direct trustees does not cause person to be trustee nor to create duties or liabilities
- S.D. Codified Laws § 47-14A-25Provisions of governing instrument
- S.D. Codified Laws § 47-14A-26Trustee acting in reliance on governing instrument not liable to trust or beneficial owner--Duties determined by governing instrument
- S.D. Codified Laws § 47-14A-27Officer or employer acting in reliance on governing instrument not liable--Duties determined by governing instrument
- S.D. Codified Laws § 47-14A-28Action by beneficial owners--Notice and meeting not necessary if consent exists--Proxy
- S.D. Codified Laws § 47-14A-29Action by trustees--Notice and meeting not necessary if consent exists--Proxy
- S.D. Codified Laws § 47-14A-30One trustee required to have residence or principal place of business in state
- S.D. Codified Laws § 47-14A-31Exception to §47-14A-30for registered investment companies
- S.D. Codified Laws § 47-14A-32Change of registered agent or location of office--Amendment to certificate of trust
- S.D. Codified Laws § 47-14A-33Service of process on registered agent valid
- S.D. Codified Laws § 47-14A-34Change of name or address of trustee or registered agent--Fee--Certificate
- S.D. Codified Laws § 47-14A-35Business trust to have perpetual existence--Termination determined by governing instrument
- S.D. Codified Laws § 47-14A-36Death or incapacity of beneficial owner need not terminate business trust
- S.D. Codified Laws § 47-14A-37Dissolution of trust determined by governing instrument
- S.D. Codified Laws § 47-14A-38Powers of trust managers upon dissolution of trust
- S.D. Codified Laws § 47-14A-39Payment of claims and obligations of trust upon dissolution--Distribution of remaining assets--Liability of persons winding up business
- S.D. Codified Laws § 47-14A-40Dissolution of series need not cause dissolution of trust--Series dissolution determined by governing instrument--Death or incapacity of beneficial owner need not terminate series
- S.D. Codified Laws § 47-14A-41Powers of trust series managers upon dissolution of series--Liability
- S.D. Codified Laws § 47-14A-42Laws applicable to business trusts
- S.D. Codified Laws § 47-14A-43Certificate of trust to be filed with secretary--Contents--Trust formed upon filing
- S.D. Codified Laws § 47-14A-44Certificate of amendment--Contents--Certificate of trust may be freely amended
- S.D. Codified Laws § 47-14A-45Restated certificate of trust integrating all amendments--Contents
- S.D. Codified Laws § 47-14A-46Certificate of cancellation to be filed upon termination of trust--Contents
- S.D. Codified Laws § 47-14A-47Certificate of correction or corrected certificate of trust to be filed to correct defective information--Contents--Effective date
- S.D. Codified Laws § 47-14A-48Termination of certificate containing future effective date
- S.D. Codified Laws § 47-14A-49Execution of certificates
- S.D. Codified Laws § 47-14A-50Execution by agent--Authorization of agent
- S.D. Codified Laws § 47-14A-51Execution of certificate by trustee constitutes oath as to truth of contents
- S.D. Codified Laws § 47-14A-52Certificates to be delivered to secretary's office--Duties of secretary upon receipt of filing
- S.D. Codified Laws § 47-14A-53Certificates effective upon filing or upon effective date contained in certificate
- S.D. Codified Laws § 47-14A-54Fees paid at request of secretary or upon filing of certificate
- S.D. Codified Laws § 47-14A-55Signature may be facsimile or electronically transmitted--Certificate may be electronically transmitted
- S.D. Codified Laws § 47-14A-56Certificate of trust on file with secretary is notice of business trust
- S.D. Codified Laws § 47-14A-57Fees-Documents not effective until fee paid
- S.D. Codified Laws § 47-14A-58Name of business trust to be distinguishable from other businesses--Exception
- S.D. Codified Laws § 47-14A-59Name of person in name of business trust
- S.D. Codified Laws § 47-14A-60Terms contained in name of business trust
- S.D. Codified Laws § 47-14A-61Reservation of name
- S.D. Codified Laws § 47-14A-62Reservation of name--Application--Duration--Transfer--Cancellation
- S.D. Codified Laws § 47-14A-63Fees for reservation--When paid
- S.D. Codified Laws § 47-14A-64Merger or consolidation of business trusts
- S.D. Codified Laws § 47-14A-65Certificate of merger or consolidation to be filed with secretary--Contents
- S.D. Codified Laws § 47-14A-66Validity of certain mergers not affected by failure to file certificate
- S.D. Codified Laws § 47-14A-67Effective date of merger or consolidation
- S.D. Codified Laws § 47-14A-68Certificate of merger or consolidation as certificate of cancellation
- S.D. Codified Laws § 47-14A-69Amendment to or adoption of governing instrument upon merger--Effective date
- S.D. Codified Laws § 47-14A-70Rights, property, and obligations of merging entities vest in resulting entity
- S.D. Codified Laws § 47-14A-71Provision for contractual appraisal rights
- S.D. Codified Laws § 47-14A-72Authority of beneficial owner to bring derivative action
- S.D. Codified Laws § 47-14A-73Qualifications of plaintiff in derivative action
- S.D. Codified Laws § 47-14A-74Complaint to specify efforts to secure action by trustees
- S.D. Codified Laws § 47-14A-75Costs and attorney's fees of successful derivative action
- S.D. Codified Laws § 47-14A-76Beneficial owner's right to bring derivative action determined by governing instrument
- S.D. Codified Laws § 47-14A-77Indemnification of trustee or beneficial owner
- S.D. Codified Laws § 47-14A-78Absence of indemnity provision in governing instrument not conclusive
- S.D. Codified Laws § 47-14A-79Power of business trust to acquire interest held by beneficial owner
- S.D. Codified Laws § 47-14A-80Beneficial owners entitled to obtain certain information
- S.D. Codified Laws § 47-14A-81Trustees entitled to examine certain information
- S.D. Codified Laws § 47-14A-82Trustees authorized to keep certain information confidential
- S.D. Codified Laws § 47-14A-83Records maintained in other than written form--Demand for information to be in writing
- S.D. Codified Laws § 47-14A-84Conversion of existing business entity to business trust--Filing requirements
- S.D. Codified Laws § 47-14A-85Certificate of conversion--Contents
- S.D. Codified Laws § 47-14A-86Effective of date of conversion to business trust--Effective date of commencement of business
- S.D. Codified Laws § 47-14A-87Conversion to business trust not to affect liabilities incurred prior to conversion
- S.D. Codified Laws § 47-14A-88Rights, property, and obligations of converting entities vest in resulting entity
- S.D. Codified Laws § 47-14A-89Conversion deemed continuation of business entity as business trust
- S.D. Codified Laws § 47-14A-90Conversion to be approved under business entity's governing instrument
- S.D. Codified Laws § 47-14A-91Construction of chapter with other laws
- S.D. Codified Laws § 47-14A-92Disposition of rights and interests of business entity upon conversion
- S.D. Codified Laws § 47-14A-93Conversion of business trust to other business entity
- S.D. Codified Laws § 47-14A-94Provisions of law subject to change
- S.D. Codified Laws § 47-14A-95Construction
- S.D. Codified Laws § 47-14A-96Citation of chapter