A business trust may maintain its records in other than a written form if such form is capable of conversion into a written form within a reasonable time.

Any demand by a beneficial owner or trustee under § 47-14A-80 shall be in writing and shall state the purpose of such demand.

Terms Used In South Dakota Codified Laws 47-14A-83

  • Trustee: A person or institution holding and administering property in trust.
  • written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2

Source: SL 2001, ch 245, § 83.