For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

One trustee required to have residence or principal place of business in state.

SDCL § 47-14A-30
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
47-14A-30. One trustee required to have residence or principal place of business in state. Every business trust shall at all times have at least one trustee which, in the case of a natural person, shall be a person who is a resident of this state or which, in all other cases, has its principal place of business in this state. SL 2001, ch 245, § 30.
Source: South Dakota Legislature (sdlegislature.gov)URL: https://sdlegislature.gov/Statutes/47-14A-30Fetched: 10/20/2026

Starting a business in South Dakota? South Dakota LLC guide: costs and requirements