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2019 South Dakota Codified Laws
Title 55 - Fiduciaries and Trusts
Chapter 03 - Express Trusts For Third-Party Beneficiaries
- § 55-3-1 Application of chapter.
- § 55-3-2 Creation of trust--Mutual consent of trustor and trustee.
- § 55-3-3 Appointing court or public officer as trustor.
- § 55-3-4 Declaration of trust--Declarations of trustor to trustee before acceptance.
- § 55-3-5 Trustee to follow declaration of trust--Modifications.
- § 55-3-6 Trust irrevocable in absence of express contrary provisions.
- § 55-3-7 Trustee's power as agent.
- § 55-3-8 Repealed.
- § 55-3-9 Repealed.
- § 55-3-10 Degree of care and diligence used in execution of trusts.
- § 55-3-11 Investment of money by trustee--Interest, simple or compound, on omission to invest trust moneys.
- § 55-3-12 Purchase by trustee of claims against trust property.
- § 55-3-13 Expenses incurred by trustee in performance of trust--Reimbursement.
- § 55-3-14 Compensation of trustee.
- § 55-3-15 Implied trustee--No rights to compensation or repayment of expenses.
- § 55-3-16 Vacation of office of trustee.
- § 55-3-17 Discharge of trustee--Grounds.
- § 55-3-17.1 Resignation of fiduciary.
- § 55-3-18 Survivorship between cotrustees.
- § 55-3-19 Discharge of trustee before trust executed--Duty to secure appointment of successor.
- § 55-3-20 Removal of trustee by circuit court--Vacant trusteeship filled by court.
- § 55-3-20.1 Grounds for removal of trustee.
- § 55-3-21 Appointment of trustee by circuit court--Grounds.
- § 55-3-22 Repealed.
- § 55-3-23 Termination of trust.
- § 55-3-24 Modification or termination of trust--Consent required--Notice to fiduciaries--Distribution of property.
- § 55-3-25 Petition to court for affirmation--Non-consenting beneficiaries--Distribution of property.
- § 55-3-26 Petition to modify terms of trust--Circumstances--Distribution of property.
- § 55-3-27 Termination of noncharitable trusts valued under one hundred fifty thousand dollars--Distribution of property.
- § 55-3-28 Terms of trust may be reformed by court.
- § 55-3-29 Trustee may combine or divide trusts--Rights of beneficiaries--Trust purposes--Petition to court.
- § 55-3-29.1 Defense of laches not available.
- § 55-3-29.2 Statute of limitations defense not available.
- § 55-3-30 Provisions not exclusive.
- § 55-3-31 to 55-3-38. Repealed.
- § 55-3-39 When state law or jurisdiction provision valid, effective, and conclusive.
- § 55-3-40 Validity, construction, and administration of trust with state jurisdiction provision.
- § 55-3-41 Qualified person defined.
- § 55-3-42 State jurisdiction provision defined.
- § 55-3-43 South Dakota investments defined.
- § 55-3-44 Trustor defined.
- § 55-3-45 Beneficiary approval of trustee's accounting--Accounting defined.
- § 55-3-46 Effect of the laws, rules, or orders of foreign country on trust or disposition of property.
- § 55-3-47 Cessation of trustee upon action of foreign court--Successor trustee.
- § 55-3-48 South Dakota law governs administration of 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.
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