Distributions of principal not affected by conversion.

  1. Law
  2. South Dakota Codified Laws
  3. Fiduciaries and Trusts
  4. Total Return Unitrusts
  5. Distributions of principal not affected by conversion.

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55-15-10. Distributions of principal not affected by conversion.

Conversion to a total return unitrust under the provisions of this chapter does not affect any other provisions of the governing instrument, if any, regarding distributions of principal.

Source: SL 2002, ch 225, §10.


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