S.D. Codified Laws § 47-14A-87

Current through the 2024 Legislative Session
Section 47-14A-87 - Conversion to business trust not to affect liabilities incurred prior to conversion

The conversion of any other business entity into a business trust may not be deemed to affect any obligations or liabilities of the other business entity incurred prior to its conversion to a business trust, or the personal liability of any person incurred prior to such conversion.

SDCL 47-14A-87

SL 2001, ch 245, §87.