Section 47-14B-13 - Failure of foreign business trust to register. - South Dakota Statutes

47-14B-13. Failure of foreign business trust to register. The failure of a foreign business trust to register in the state does not:
(1) Impair the validity of any contract or act of the foreign business trust;
(2) Impair the right of any other party to the contract to maintain any action, suit, or proceeding on the contract; or
(3) Prevent the foreign business trust from defending any action, suit, or proceeding in any court of the state.

Source: SL 2001, ch 245, § 109.