2011 South Dakota Code
Title 55 FIDUCIARIES AND TRUSTS
Chapter 01. Classification And Creation Of Trusts
§55-1-41 Effect of spendthrift provision.


SD Codified L § 55-1-41 (through 2011) What's This?

55-1-41. Effect of spendthrift provision. If the trust contains a spendthrift provision, no creditor may reach present or future mandatory distributions from the trust at the trust level. Moreover, no court may order a trustee to distribute past due mandatory distributions directly to a creditor.

Source: SL 2007, ch 280, § 18; SL 2009, ch 252, § 9.

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