There is a newer version of the South Dakota Codified Laws
2014 South Dakota Codified Laws
Title 55 - FIDUCIARIES AND TRUSTS
Chapter 02 - Duties And Liabilities Of Trustees
§ 55-2-19 Exercise of power to distribute income or principal considered exercise of power ofappointment.
SD Codified L § 55-2-19 (2014) What's This?
55-2-19. Exercise of power to distribute income or principal considered exercise of power of appointment. The exercise of the power to distribute the income or principal of the trust under § 55-2-15 shall be considered the exercise of a power of appointment (other than a power to appoint to the trustee, the trustee's creditors, the trustee's estate, or the creditors of the trustee's estate).
Source: SL 2007, ch 281, § 5.
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