A foreign business trust doing business in the state may not maintain any action, suit, or proceeding in the state until it has registered in the state, and has paid to the state all fees and penalties for the years or parts thereof, during which it did business in the state without having registered.
S.D. Codified Laws § 47-14B-12
Action, suit, or proceeding by foreign business trust
Known as the South Dakota Foreign Business Trust Act
The act spans §§ 47-14B-1 to 47-14B-9 (25 sections).
Source: SL 2001, ch 245, § 108.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.