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Code · South Dakota · Title 47 · Chapter 47-14

47-14A-77. Indemnification of trustee or beneficial owner.

46 words·~1 min read·/sd/title-47/chapter-47-14/47-14a-77

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Subject to such standards and restrictions, if any, as are set forth in the governing instrument of a business trust, a business trust may indemnify and hold harmless any trustee or beneficial owner or other person from and against any and all claims and demands whatsoever.
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