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Consequently, the South Dakota statute is unique in that it allows the trust to also be kept quiet from the beneficiaries even after the client's death or disability. The trust protector would then decide when and if the time is appropriate to provide the beneficiary with information regarding the trust.
South Dakota Secretary of State Monae L. Johnson - Business.
Codified Law 43-41B-18 | South Dakota Legislature. 43-41B-18. Report of abandoned property. (a) A person holding property tangible or intangible, presumed abandoned and subject to custody as unclaimed property under this chapter shall report to the administrator concerning the property as provided in this section.
The South Dakota Condominium Law regulates condominium associations in the state. These condominium associations must explicitly choose to be governed by this Act by recording a declaration or master deed in the county register of deeds where the condominium is situated.
Does a Power of Attorney need to be notarized, witnessed, and/or recorded in South Dakota? The requirements and restrictions vary by state; however, in South Dakota, if you plan for the agent to handle matters related to children or real estate, then notarization will be required.
A contract for deed is a contract where the seller remains the legal owner of the property and the buyer makes monthly payments to the seller to buy the house. The seller remains the legal owner of the property until the contract is paid.
Yes, South Dakota has state laws pertaining to HOA and condo associations. To better understand the laws for South Dakota HOAs, please refer to: South Dakota Nonprofit Corporation Act - §§ 47-22-1. This law governs the corporate structure and procedure of nonprofit corporations in South Dakota.
South Dakota Secretary of State Monae L. Johnson - Business.