§ 47-14A-36 Death or incapacity of beneficial owner need not terminate business trust.

SD Codified L § 47-14A-36 (2019) (N/A)
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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.

Source: SL 2001, ch 245, § 36.