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Beneficial owner's interest transferable.

SDCL § 47-14A-20
in effect
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47-14A-20. Beneficial owner's interest transferable. A beneficial owner's beneficial interest in the business trust is freely transferable except to the extent otherwise provided in the governing instrument of the business trust. SL 2001, ch 245, § 20.
Source: South Dakota Legislature (sdlegislature.gov)URL: https://sdlegislature.gov/Statutes/47-14A-20Fetched: 10/20/2026

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