The name of each business trust as set forth in its certificate of trust may contain the name of a beneficial owner, a trustee or any other person.

Terms Used In South Dakota Codified Laws 47-14A-59

  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Trustee: A person or institution holding and administering property in trust.

Source: SL 2001, ch 245, § 59.