55-6-1.1.Common trust fund defined.For purposes of this chapter, the term, common trust fund, is a fund as defined in 12 C.F.R. 9.18(a)(1) as of January 1, 2011, and is provided exemption from taxation according to 26 U.S. C. 584 as of January 1, 2011. Source: SL 2011, ch 212, §28.
South Dakota Legal Code