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. Source: SL 2001, ch 245 , § 99.
SDCL § 47-14B-3 — under SOUTH DAKOTA FOREIGN BUSINESS TRUST ACT.
SDCL § 47-14B-3
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. Source: SL 2001, ch 245 , § 99.