S.D. Codified Laws § 55-16-3 (2026)
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.