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Death or incapacity of beneficial owner need not terminate business trust.

SDCL § 47-14A-36
in effect
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47-14A-36. Death or incapacity of beneficial owner need not terminate business trust. Except to the extent otherwise provided in the governing instrument of a business trust, the death, incapacity, dissolution, termination, or bankruptcy of a beneficial owner may not result in the termination or dissolution of a business trust. SL 2001, ch 245, § 36.
Source: South Dakota Legislature (sdlegislature.gov)URL: https://sdlegislature.gov/Statutes/47-14A-36Fetched: 10/20/2026

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