There is a newer version of the South Dakota Codified Laws
2023
2022
2021
2020
2019
Other previous versions
View our newest version here

2011 South Dakota Code
Title 55 FIDUCIARIES AND TRUSTS
Chapter 16. Qualified Dispositions In Trust
§55-16-7 Disposition to more than one trustee--Qualified disposition even if all trustees are not qualified persons.


SD Codified L § 55-16-7 (through 2011) What's This?

55-16-7. Disposition to more than one trustee--Qualified disposition even if all trustees are not qualified persons. In the case of a disposition to more than one trustee, a disposition that is otherwise a qualified disposition may not be treated as other than a qualified disposition solely because not all of the trustees are qualified persons.

Source: SL 2005, ch 261, § 7.

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.