S.D. Codified Laws § 47-14A-22
Current through the 2024 Legislative Session
Except to the extent otherwise provided in the governing instrument of the business trust, legal title to the property of the business trust, or any part thereof, may be held in the name of any trustee of the business trust, in its capacity as such, with the same effect as if such property were held in the name of the business trust.
SDCL 47-14A-22