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2022 South Dakota Codified Laws
Title 55 - Fiduciaries and Trusts
Chapter 16 - Qualified Dispositions In Trust
- Section 55-16-1 - Definitions.
- Section 55-16-2 - Trust instrument defined.
- Section 55-16-3 - Qualified person defined.
- Section 55-16-4 - Persons and entities not to be considered qualified person--Appointment, removal, or replacement of co-trustee, trust advisor, or trust protector.
- Section 55-16-5 - Service as investment trust advisor--Service as fiduciary by transferor.
- Section 55-16-6 - Successor qualified person.
- Section 55-16-7 - Disposition to more than one trustee--Qualified disposition even if all trustees are not qualified persons.
- Section 55-16-8 - Powers and rights of transferor--Effect on qualified disposition.
- Section 55-16-9 - Creditors' actions limited to transfers with intent to defraud.
- Section 55-16-10 - Requirements for bringing claim for fraudulent transfer of settlor's assets.
- Section 55-16-11 - Disposition by transferor who is a trustee--Time of disposition.
- Section 55-16-12 - Creditor or other person--Rights with respect to a qualified disposition--Action against trustee, advisor, or trust preparer prohibited.
- Section 55-16-13 - Action against trustee, advisor, or preparer of trust prohibited if action by creditor would be barred--Jurisdiction--Attorneys' fees and costs.
- Section 55-16-14 - Multiple qualified dispositions in same trust instrument.
- Section 55-16-15 - Application of chapter.
- Section 55-16-16 - Avoidance of qualified disposition.
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