Section 16-15-106 - Powers(1) A business trust registered under this chapter may in its trust name: (b) subject to the limitations in the declaration of trust, acquire title, lease, mortgage, convey or otherwise deal with real and personal property, or any interest in real and personal property.(2)(a) A business trust may not maintain any action, suit, or proceeding in this state unless the business trust is registered under this chapter.(b) A business trust may be sued whether or not the business trust is registered under this chapter.Enacted by Chapter 310, 1995 General Session