State Codes and Statutes

Statutes > South-dakota > Title-51a > Chapter-06 > Statute-51a-6-4

51A-6-4. Contents of articles. The articles of a trust company shall state:
(1) That the corporation or limited liability company is formed for the purpose of engaging in the business of a trust company;
(2) The period for which such trust company is organized, not exceeding twenty years.

Source: SL 1976, ch 304, §§ 2, 4; SDCL, § 51-19A-4; SL 1994, ch 364, § 5; SL 1995, ch 268, § 78A.