Statutes, codes, and regulations
South Dakota Codified Laws
Title 55 - FIDUCIARIES AND TRUSTS
Chapter 1 - CLASSIFICATION AND CREATION OF TRUSTS
Section 55-1-5.1 - Express trust need not be for exclusive benefit of beneficiaries

S.D. Codified Laws § 55-1-5.1

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Current through the 2024 Legislative Session
Section 55-1-5.1 - Express trust need not be for exclusive benefit of beneficiaries

The terms of an express trust need not be for the exclusive benefit of its beneficiaries, whether or not the beneficiaries are ascertainable.

SDCL 55-1-5.1

SL 2017, ch 204, §7.
Added by S.L. 2017, ch. 204,s. 7, eff. 7/1/2017.