For the purposes of this chapter, a qualified person is any person who qualifies as a qualified person under § 55-3-41 and who meets all the requirements of § 55-3-39 other than the transferor.
S.D. Codified Laws § 55-16-3
Qualified person defined
Source: SL 2005, ch 261, § 3; SL 2009, ch 252, § 42.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.