55-3-23. Termination of trust.
In addition to the methods specified in §§55-3-24 to 55-3-27, inclusive, a trust terminates if:
(1)The term of the trust expires;
(2)The trust purpose is fulfilled;
(3)The trust purpose becomes unlawful or impossible to fulfill; or
(4)The trust is revoked.
Source: SL 1998, ch 282, §1; SL 2016, ch 231, §21.