Execution of trust power for benefit of creditors or assignees of beneficiary.

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43-11-34. Execution of trust power for benefit of creditors or assignees of beneficiary.

The execution, in whole or in part, of any trust power, may be adjudged for the benefit of the creditors or assignees of any person entitled as one of the beneficiaries of the trust, to compel its execution when his interest is transferable.

Source: CivC 1877, §356; CL 1887, §2872; RCivC 1903, §379; RC 1919, §446; SDC 1939, §59.0459.


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