There is a newer version of the South Dakota Codified Laws
2006 South Dakota Code - 55-1-5 — Express trust created as to trustee--Words and acts of trustee.
55-1-5. Express trust created as to trustee--Words and acts of trustee. An express trust is created as to the trustee by any words or acts of his, indicating with reasonable certainty:
(1) His acceptance of the trust or his
acknowledgment, made upon sufficient consideration, of its
existence; and
(2) The subject, purpose, and beneficiary
thereof.
Source: SDC 1939, § 59.0105.
Source: SDC 1939, § 59.0105.
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
