S.D. Codified Laws § 47-14A-77

Current through the 2024 Legislative Session
Section 47-14A-77 - Indemnification of trustee or beneficial owner

Subject to such standards and restrictions, if any, as are set forth in the governing instrument of a business trust, a business trust may indemnify and hold harmless any trustee or beneficial owner or other person from and against any and all claims and demands whatsoever.

SDCL 47-14A-77

SL 2001, ch 245, §77.