Qualified person defined

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SD Code › Title 55 › Chapter 16 › Section 55-16-3

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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For the purposes of this chapter, a qualified person is any person who qualifies as a qualified person under § 55-3-41 and who meets all the requirements of § 55-3-39 other than the transferor.

Source: SL 2005, ch 261, § 3; SL 2009, ch 252, § 42.

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