S.D. Codified Laws § 55-1-21.10

Current through the 2024 Legislative Session

Section 55-1-21.10 - Trustee may not use principal and income other than for trust's purposes

Except as expressly provided otherwise in the trust instrument, no portion of the principal or income may be converted to the use of the trustee or to any use other than for the trust's purposes or the benefit of a covered animal.

SDCL 55-1-21.10

SL 2018, ch 275, §13.

Added by S.L. 2018, ch. 275,s. 13, eff. 7/1/2018.