Authorization statement. In Minnesota (but not California, South Carolina or Oregon), the certificate of trust must contain the statement, "The trustees are authorized by the instrument to sell ...

In fall 2020, South Dakota Trust Company donated $5,000 to the PAC, and the PAC in turn made contributions of $2,000 to each of Governor Noem and two South Dakota Senate candidates, incumbent Lee ...

In a recent opinion, the South Dakota Supreme Court held that trust beneficiaries lacked standing to bring claims against a third party on behalf of the trust. In so holding, the court explained ...

There is a non-refundable application fee of $5,000. A trust must have at least $200,000 of assets to receive a South Dakota charter. The company must file a 12-page application.

SIOUX FALLS, S.D. — South Dakota's top state senator is defending the lucrative trust industry, hours after a series of news reports linked to the so-called Pandora Papers revealed that ...