No person may be deemed to be doing business in the state solely by reason of being a trustee or a beneficial owner of a foreign business trust.
S.D. Codified Laws § 47-14B-3
Doing business in the state
Known as the South Dakota Foreign Business Trust Act
The act spans §§ 47–47 (25 sections).
Source: SL 2001, ch 245, § 99.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.