South Dakota 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 must obey declaration of trust.
- 55-3-6 — Revocation of trust--Consent of beneficiaries--Reservation of power in declarationof trust.
- 55-3-7 — Trustee's power as agent.
- 55-3-8 — Repealed.
- 55-3-9 — Discretionary powers of trustee.
- 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 investtrust 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.
- 55-3-18 — 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.
- 55-3-21 — 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- 55-3-22 — Repealed.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--Distribution of property--Exercise of powers of trustee by agent or conservator.
- 55-3-25 — Petition to court for affirmation--Non-consenting beneficiaries--Distribution ofproperty.
- 55-3-26 — Petition to modify terms of trust--Circumstances--Distribution of property.
- 55-3-27 — Termination of noncharitable trusts with value under fifty thousand dollars--Distribution of property--Effect of spendthrift provision.
- 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.
- 55-3-30 — Provisions not exclusive.
- 55-3-31 — Application to proceedings requiring service or consent--Service on Department ofSocial Services--"Virtual Representation Statutes".
- 55-3-32 — Service not required where interest limited.
- 55-3-33 — Service not required on trust further limited.
- 55-3-34 — Proceeding for probate of testamentary instrument--When interests deemed to besame.
- 55-3-35 — Service of person under a disability.
- 55-3-36 — Decree or order binding and conclusive.
- 55-3-37 — Information required before dispensing with service upon certain persons.
- 55-3-38 — Consent of beneficiaries required.
- 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 ofproperty.
- 55-3-47 — Cessation of trustee upon action of foreign court--Successor trustee.