47-14A-37. Dissolution of trust determined by governing instrument.
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/sd/title-47/chapter-47-14/47-14a-37·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In the event that a business trust does not have perpetual existence, a business trust is dissolved and its affairs shall be wound up at the time or upon the happening of events specified in the governing instrument.