Right of trustee to select or exclude beneficiaries of trust.

Checkout our iOS App for a better way to browser and research.

43-11-35. Right of trustee to select or exclude beneficiaries of trust.

A trust power does not cease to be imperative where the trustee has the right to select any and exclude others of the persons designated as the beneficiaries of the trust.

Source: CivC 1877, §351; CL 1887, §2867; RCivC 1903, §374; RC 1919, §441; SDC 1939, §59.0454.


Download our app to see the most-to-date content.