S.D. Codified Laws § 55-1-41

Current through the 2024 Legislative Session

Section 55-1-41 - Effect of spendthrift provision

If the trust contains a spendthrift provision, no creditor may reach present or future mandatory distributions from the trust at the trust level. Moreover, no court may order a trustee to distribute past due mandatory distributions directly to a creditor.

SDCL 55-1-41

SL 2007, ch 280, §18; SL 2009, ch 252, §9.