There is a newer version of the South Dakota Codified Laws
2010 South Dakota Code
Title 55 - FIDUCIARIES AND TRUSTS
Chapter 09 - Charitable Trusts
- Section 55-9-1 - Express trusts--Creation for charitable, educational, religious, or other public use.
- Section 55-9-2 - Validity of trust not affected by uncertainty or violation of rule against perpetuities--Disposal of property by trustee.
- Section 55-9-3 - Liberal construction of trust to carry out intentions of donor--Purpose and object of trust or method of administration imperfectly outlined.
- Section 55-9-4 - Incomplete or imperfect trust--Purposes impracticable or impossible of performance--Administration to accomplish general purpose--Order of court with consent of donor, if alive and competent.
- Section 55-9-5 - Enforcement by attorney general as representative of beneficiaries.
- Section 55-9-6 - Restrictions to avoid taxability of income--Definition of terms.
- Section 55-9-7 - Restrictions deemed incorporated in instrument creating charitable trust or foundation.
- Section 55-9-8 - Self-dealing by trustee prohibited.
- Section 55-9-9 - Distributions required to avoid taxes.
- Section 55-9-10 - Retention of excess business holdings prohibited.
- Section 55-9-11 - Investments to jeopardize exempt purposes prohibited.
- Section 55-9-12 - Taxable expenditures prohibited.
- Section 55-9-13 - Judicial determination that restrictive provisions are contrary to instrument creating trust.
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.