Statutes, codes, and regulations
South Dakota Codified Laws
Title 55 - FIDUCIARIES AND TRUSTS
Chapter 1 - CLASSIFICATION AND CREATION OF TRUSTS
Section 55-1-53 - Expansion, restriction, elimination, or variance of provisions of general application

S.D. Codified Laws § 55-1-53

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Current through the 2024 Legislative Session
Section 55-1-53 - Expansion, restriction, elimination, or variance of provisions of general application

The terms of a governing instrument may expand, restrict, eliminate, or otherwise vary any provisions of general application to trusts and trust administration. Nothing in this section allows the terms of the governing instrument to expand, restrict, eliminate, or otherwise vary the duties, restrictions, and liabilities imposed by the provisions of §§ 55-4-11 and 55-4-12.

SDCL 55-1-53

SL 2015, ch 240, § 14; SL 2018, ch 275, §21.
Amended by S.L. 2018, ch. 275,s. 21, eff. 7/1/2018.
Added by S.L. 2015, ch. 240,s. 13, eff. 7/1/2015.