S.D. Codified Laws § 47-14A-37

Current through the 2024 Legislative Session
Section 47-14A-37 - Dissolution of trust determined by governing instrument

In the event that a business trust does not have perpetual existence, a business trust is dissolved and its affairs shall be wound up at the time or upon the happening of events specified in the governing instrument.

SDCL 47-14A-37

SL 2001, ch 245, §37.