S.D. Codified Laws § 55-2-20

Current through the 2024 Legislative Session

Section 55-2-20 - Impermissible use of power

The power under § 55-2-15 may not be exercised to suspend the power to alienate trust property or extend the first trust beyond the permissible period of any rule against perpetuities applicable to the first trust.

SDCL 55-2-20

SL 2007, ch 281, §6; SL 2011, ch 212, §9.