2006 South Dakota Code - 55-1A-29 — Payment of sum distributable to minor or other beneficiary under legaldisability--Methods.

     55-1A-29.   Payment of sum distributable to minor or other beneficiary under legal disability-- Methods. A trustee may make payment of any sum distributable to a minor or other beneficiary under legal disability, without liability to himself, by paying the sum in any one or more of the following ways:
             (1)      Directly to the beneficiary;
             (2)      To the conservator of the beneficiary;
             (3)      Directly for the maintenance, education and general welfare of the beneficiary;
             (4)      To a parent of the beneficiary; or
             (5)      To anyone who has custody and care of the person of the beneficiary.

Source: SL 1979, ch 336, § 29; SL 1993, ch 213, § 253.

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