Beneficial owner's interest transferable.

  1. Law
  2. South Dakota Codified Laws
  3. Corporations
  4. South Dakota Business Trust Act
  5. Beneficial owner's interest transferable.

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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.

Source: SL 2001, ch 245, §20.


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