2006 South Dakota Code - 55-1-16 — Transfer of interest in trust may be prohibited prior to delivery to trustee.

     55-1-16.   Transfer of interest in trust may be prohibited prior to delivery to trustee. A trustor may provide in the terms of the trust that the interest of a beneficiary in the income, or in the principal, or in both, may not be voluntarily or involuntarily transferred before payment or delivery of the interest to the beneficiary by the trustee.

Source: SL 1995, ch 270, § 1.

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