47-14A-36. Death or incapacity of beneficial owner need not terminate business trust.
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/sd/title-47/chapter-47-14/47-14a-36·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Except to the extent otherwise provided in the governing instrument of a business trust, the death, incapacity, dissolution, termination, or bankruptcy of a beneficial owner may not result in the termination or dissolution of a business trust.