§ 43-30B-1 Petition for creation of trust
§ 43-30B-2 Required showing
§ 43-30B-3 Declaration of trust in favor of unlocated or unidentified mineral owner–Appointment of trustee
§ 43-30B-4 Administration of trust
§ 43-30B-5 Termination of trust–Distribution of trust moneys
§ 43-30B-6 Actions not use of mineral interest under chapter 43-30A
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Terms Used In South Dakota Codified Laws > Title 43 > Chapter 30B - Trust for Unlocated or Unidentified Mineral Interest Owners

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • 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.