There is a newer version of the South Dakota Codified Laws
2012 South Dakota Codified Laws
Title 55 FIDUCIARIES AND TRUSTS
Chapter 09. Charitable Trusts
- §55-9-1 Express trusts--Creation for charitable, educational, religious, or other public use.
- §55-9-2 Validity of trust not affected by uncertainty or violation of rule against perpetuities--Disposal of property by trustee.
- §55-9-3 Action to enforce charitable trust--Liberal construction to carry out intent--Notice of action to attorney general.
- §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.
- §55-9-5 Enforcement by attorney general as representative of beneficiaries--Exception.
- §55-9-6 Restrictions to avoid taxability of income--Definition of terms.
- §55-9-7 Restrictions deemed incorporated in instrument creating charitable trust or foundation.
- §55-9-8 Self-dealing by trustee prohibited.
- §55-9-9 Distributions required to avoid taxes.
- §55-9-10 Retention of excess business holdings prohibited.
- §55-9-11 Investments to jeopardize exempt purposes prohibited.
- §55-9-12 Taxable expenditures prohibited.
- §55-9-13 Judicial determination that restrictive provisions are contrary to instrument creating trust.
- §55-9-14 State supervisory powers unimpaired by restrictions to avoid taxability of income.
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.
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