S.D. Codified Laws § 47-14B-2

Current through the 2024 Legislative Session
Section 47-14B-2 - Registration of foreign business trust

Before doing business in the state, a foreign business trust shall register with the secretary of state. In order to register, a foreign business trust shall submit to the secretary of state:

(1) A copy executed by a trustee or other authorized person of an application for registration as a foreign business trust, setting forth:
(a) The name of the foreign business trust and, if different, the name under which it proposes to register and do business in the state;
(b) The state, territory, possession, or other jurisdiction or country where formed, the date of its formation and a statement from a trustee or other authorized person that, as of the date of filing, the foreign business trust validly exists as a business trust under the laws of the jurisdiction of its formation;
(c) The nature of the business or purposes to be conducted or promoted in the state;
(d) The address of the registered office and the name and address of the registered agent for service of process required to be maintained by §§ 47-14B-5 to 47-14B-9, inclusive;
(e) A statement that the secretary of state is appointed the agent of the trust for service of process under the circumstances set forth in § 47-14B-17; and
(f) The date on which the foreign business trust first did, or intends to do, business in the state.
(2) A fee as set forth in § 47-14B-22 shall be paid.

SDCL 47-14B-2

SL 2001, ch 245, §98.