Any other business entity formed or organized or existing under the laws of the State of South Dakota or any other state or the United States or any foreign country or other foreign jurisdiction may convert to a business trust by complying with § 47-14A-89 and filing in the Office of the Secretary of State in accordance with this chapter:

(1) A certificate of conversion to business trust that has been executed by the trustees in accordance with this chapter; and

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Terms Used In South Dakota Codified Laws 47-14A-84

  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.

(2) A certificate of trust that complies with this chapter and has been executed by the trustees in accordance with this chapter.

Source: SL 2001, ch 245, § 84.