There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 55 FIDUCIARIES AND TRUSTS
Chapter 01. Classification And Creation Of Trusts
§55-1-12 Definition of terms--Trustor--Trustee--Beneficiary.
SD Codified L § 55-1-12 (through 2011) What's This?
55-1-12. Definition of terms--Trustor--Trustee--Beneficiary. The person whose confidence creates a trust is called the trustor; the person in whom the confidence is reposed is called the trustee; and the person for whose benefit the trust is created is called the beneficiary. As used in this section, the term, person, has the meaning set forth in § 55-4-1.
Source: SDC 1939, § 59.0103; SL 1998, ch 282, § 40.
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