2006 South Dakota Code - 55-4-44 — Certificate of trust--Amendment or revocation--Notice required.

     55-4-44.   Certificate of trust--Amendment or revocation--Notice required. Amendment or revocation of a certificate of trust may be made only by a written instrument executed by the grantor or a trustee of a trust. Amendment or revocation of a certificate of trust is not effective as to a party unless that party has actual notice of the amendment or revocation.
     For purposes of this section, actual notice means that a written instrument of amendment or revocation has been received by the party or, in the case of real property, that either a written instrument or amendment or revocation has been received by the party or that a written instrument of amendment or revocation containing the legal description of the real property has been recorded in the Office of the Register of Deeds where the real property is situated.

Source: SL 2000, ch 229, § 10; SL 2002, ch 100, § 19.

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