2012 South Dakota Codified Laws
Title 55 FIDUCIARIES AND TRUSTS
Chapter 01A. Trustees' Powers Granted By Reference
§55-1A-39 Disclaimer of powers by trustee--Time limit.


SD Codified L § 55-1A-39 (through 2012) What's This?


55-1A-39. Disclaimer of powers by trustee--Time limit. Any power granted to a trustee in any written trust instrument may be disclaimed by that trustee in the manner provided by law for disclaimers, but without regard to the time limits provided by law for disclaimers. Upon such disclaimer, the powers so disclaimed shall cease to exist as to that trustee.

Source: SL 1998, ch 282, § 39.

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