{"parents":[{"StatuteId":2068060,"Type":"Title","Statute":"47"},{"StatuteId":2068889,"Type":"Chapter","Statute":"14A"},{"StatuteId":2068814,"Type":"Section","Statute":"22"}],"Previous":"47-14A-21","Next":"47-14A-23","StatuteId":2068814,"Statute":"47-14A-22","Type":"Section","CatchLine":"Title to property of business trust may be held by trustee. ","FilePath":null,"FileName":null,"Htmlpath":null,"Htmlfilename":null,"Title":47,"TitleLetter":null,"Chapter":14,"ChapterLetter":"A","Section":22,"SubSec":0,"SubSection":null,"Word":null,"Html":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><meta charset=\"UTF-8\"><title></title><meta name=\"Generator\" content=\"PowerTools for Open XML\"><style>span { white-space: pre-wrap; }\r\np.s2068814Normal {\r\n    margin-top: 0;\r\n    margin-bottom: 0;\r\n    text-align: justify;\r\n    font-family: 'Times New Roman', 'serif';\r\n    font-size: 12pt;\r\n    line-height: 108%;\r\n    margin-left: 0;\r\n    margin-right: 0;\r\n}\r\nspan.s2068814SENU {\r\n    font-family: 'Times New Roman', 'serif';\r\n    font-size: 12pt;\r\n    font-style: normal;\r\n    font-weight: bold;\r\n    margin: 0;\r\n    padding: 0;\r\n}\r\nspan.s2068814CL {\r\n    font-family: 'Times New Roman', 'serif';\r\n    font-size: 12pt;\r\n    font-style: normal;\r\n    font-weight: bold;\r\n    margin: 0;\r\n    padding: 0;\r\n}\r\np.s2068814Normal-000000 {\r\n    margin-top: 0;\r\n    margin-bottom: 0;\r\n    text-indent: 0.50in;\r\n    text-align: justify;\r\n    font-family: 'Times New Roman', 'serif';\r\n    font-size: 12pt;\r\n    line-height: 108%;\r\n    margin-left: 0;\r\n    margin-right: 0;\r\n}\r\nspan.s2068814DefaultParagraphFont {\r\n    font-family: 'Times New Roman', 'serif';\r\n    font-size: 12pt;\r\n    font-style: normal;\r\n    font-weight: normal;\r\n    margin: 0;\r\n    padding: 0;\r\n}\r\nspan.s2068814000001 {\r\n    font-size: 12pt;\r\n    font-style: normal;\r\n    font-weight: normal;\r\n    margin: 0;\r\n    padding: 0;\r\n}\r\nspan.s2068814SCL {\r\n    font-family: 'Times New Roman', 'serif';\r\n    font-size: 12pt;\r\n    font-style: normal;\r\n    font-weight: bold;\r\n    margin: 0;\r\n    padding: 0;\r\n}\r\nspan.s2068814SCL-000002 {\r\n    font-family: 'Times New Roman', 'serif';\r\n    font-size: 12pt;\r\n    font-style: normal;\r\n    font-weight: normal;\r\n    margin: 0;\r\n    padding: 0;\r\n}\r\n</style></head><body><div style=\"font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 1;\"><div><p dir=\"ltr\" class=\"s2068814Normal\"><a href=\"https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-14A-22\"><span class=\"s2068814SENU\">47-14A-22</span></a><span xml:space=\"preserve\" class=\"s2068814SENU\">. </span><span class=\"s2068814CL\">Title to property of business trust may be held by trustee.</span></p><p dir=\"ltr\" class=\"s2068814Normal-000000\"><span class=\"s2068814DefaultParagraphFont\">Except to the extent otherwise provided in the governing instrument of the business trust, legal title to the property of the business trust, or any part thereof, may be held in the name of any trustee of the business trust, in its capacity as such, with the same effect as if such property were held in the name of the business trust.</span></p><p dir=\"ltr\" class=\"s2068814Normal\"><span xml:space=\"preserve\" class=\"s2068814000001\"> </span></p><p dir=\"ltr\" class=\"s2068814Normal\"><span class=\"s2068814SCL\">Source:</span><span xml:space=\"preserve\" class=\"s2068814SCL-000002\"><span>  <a rel=\"noopener nofollow\" target=\"_blank\" href=\"/api/SessionLaws/2001/245/null/null\" aria-label=\"SL 2001, ch 245\">SL 2001, ch 245</a>, § 22.</span></span></p></div></div></body></html>","Credits":null,"StatuteText":null,"Article":null,"Created":null,"CreatedById":null,"LastUpdated":null,"LastUpdatedBy":null,"Repealed":false,"StatuteReferencesReferencesStatute":[],"StatuteReferencesStatute":[]}