47-14B-14. Liability of beneficial owner or trustee of foreign business trust.
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/sd/title-47/chapter-47-14/47-14b-14·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A beneficial owner or a trustee of a foreign business trust is not liable for the obligations of the foreign business trust solely by reason of the business trust's having done business in the state without registration.