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Express Trusts For Third Party Beneficiaries
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South Dakota Codified Laws
Fiduciaries and Trusts
Express Trusts For Third Party Beneficiaries
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Section
55-3-1
Application of chapter.
Section
55-3-2
Creation of trust--Mutual consent of trustor and trustee.
Section
55-3-3
Appointing court or public officer as trustor.
Section
55-3-4
Declaration of trust--Declarations of trustor to trustee before acceptance.
Section
55-3-5
Trustee to follow declaration of trust--Modifications.
Section
55-3-6
Trust irrevocable in absence of express contrary provisions.
Section
55-3-7
Trustee's power as agent.
Section
55-3-8
55-3-8.Repealed by SL 1993, ch 355, §3
Section
55-3-9
55-3-9.Repealed by SL 2007, ch 280, §25.
Section
55-3-10
Degree of care and diligence used in execution of trusts.
Section
55-3-11
Investment of money by trustee--Interest, simple or compound, on omission to invest trust moneys.
Section
55-3-12
Purchase by trustee of claims against trust property.
Section
55-3-13
Expenses incurred by trustee in performance of trust--Reimbursement.
Section
55-3-14
Compensation of trustee.
Section
55-3-15
Implied trustee--No rights to compensation or repayment of expenses.
Section
55-3-16
Vacation of office of trustee.
Section
55-3-17
Discharge of trustee--Grounds.
Section
55-3-17.1
Resignation of fiduciary.
Section
55-3-18
Survivorship between cotrustees.
Section
55-3-19
Discharge of trustee before trust executed--Duty to secure appointment of successor.
Section
55-3-20
Removal of trustee by circuit court--Vacant trusteeship filled by court.
Section
55-3-20.1
Grounds for removal of trustee.
Section
55-3-21
Appointment of trustee by circuit court--Grounds.
Section
55-3-22
55-3-22.Repealed by SL 1998, ch 282, §10
Section
55-3-23
Termination of trust.
Section
55-3-24
Modification or termination of trust--Notice to fiduciaries--Distribution of property.
Section
55-3-25
Petition to court for affirmation--Non-consenting beneficiaries--Distribution of property.
Section
55-3-26
Petition to modify terms of trust--Circumstances--Distribution of property.
Section
55-3-27
Termination of noncharitable trusts valued under one hundred fifty thousand dollars--Distribution of property.
Section
55-3-28
Terms of trust may be reformed by court.
Section
55-3-29
Trustee may combine or divide trusts--Rights of beneficiaries--Trust purposes--Petition to court.
Section
55-3-29.1
Defense of laches not available.
Section
55-3-29.2
Statute of limitations defense not available.
Section
55-3-30
Provisions not exclusive.
Section
55-3-31
55-3-31 to 55-3-38.Repealed by SL 2017, ch 208, §36.
Section
55-3-39
When state law or jurisdiction provision valid, effective, and conclusive.
Section
55-3-40
Validity, construction, and administration of trust with state jurisdiction provision.
Section
55-3-41
Qualified person defined.
Section
55-3-42
State jurisdiction provision defined.
Section
55-3-43
South Dakota investments defined.
Section
55-3-44
Trustor defined.
Section
55-3-45
Beneficiary approval of trustee's accounting--Alternative approval of trustee's accounting--Accounting defined.
Section
55-3-46
Effect of the laws, rules, or orders of foreign country on trust or disposition of property.
Section
55-3-46.1
Effect of laws, rules, or orders of other states on a trust or disposition of property.
Section
55-3-47
Cessation of trustee upon action of foreign court--Successor trustee.
Section
55-3-48
South Dakota law governs administration of trust.
Section
55-3-49
Enforcement of foreign judgments.