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§ 47-14a-45 — South Dakota Law | CourtGPT
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South Dakota Legal Code

§ 47-14a-45

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47-14A-45. Restated certificate of trust integrating all amendments--Contents.A certificate of trust may be restated by integrating into a single instrument all of the provisions of the certificate of trust which are then in effect and operative as a result of there having been theretofore filed one or more certificates of amendment pursuant to §47-14A-44, and the certificate of trust may be amended or further amended by the filing of a restated certificate of trust. The restated certificate of trust shall be specifically designated as such in its heading and shall set forth:(1)The present name of the business trust, and if it has been changed, the name under which the business trust was originally formed;(2)The date of filing of the original certificate of trust with the secretary of state;(3)The information required to be included pursuant to subsection (a) of this section; and(4)Any other information the trustees determine to include therein.A certificate of trust may be restated at any time for any purpose as the trustees may determine. A trustee who becomes aware that any statement in a restated certificate of trust was false when made or that any matter described has changed

any time for any purpose as the trustees may determine. A trustee who becomes aware that any statement in a restated certificate of trust was false when made or that any matter described has changed making the restated certificate false in any material respect shall promptly file a certificate of amendment or a restated certificate of trust. Source: SL 2001, ch 245, §45.