Section 47-14A-16 - Doing business in state by reason of being trustee.
47-14A-16. Doing business in state by reason of being trustee. A partnership (whether general or limited), corporation, or other nonnatural person formed or organized under the laws of any foreign country or other foreign jurisdiction or the laws of any state other than the State of South Dakota may not be deemed to be doing business in the state solely by reason of its being a trustee of a business trust.
Source: SL 2001, ch 245, § 16.