South Dakota § 21-22-2 Application of chapter and §§

South Dakota Statutes

§ 21-22-2 — Application of chapter and §§

South Dakota § 21-22-2

Title 21JUDICIAL REMEDIES

Ch. 21-21ADMINISTRATION OF TRUST ESTATES

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Bluebook

S.D. Codified Laws § 21-22-2 (2026).

Text

This chapter applies to all trusts if any part of the trust estate has its situs within this state or if the trustee or a beneficiary resides in this state, except as otherwise specifically provided by statute or rule of court, the intent being to exclude therefrom such trusts as a statutory assignment for the benefit of creditors, probate administrations, conservatorships, and all other trusts as to which specific provision is made for court supervision. The provisions of §§ 55-3-24 to 55-3-48 , inclusive, are applicable to actions or proceedings relating to trusts supervised or administered under this chapter.

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This chapter applies to all trusts if any part of the trust estate has its situs within this state or if the trustee or a beneficiary resides in this state, except as otherwise specifically provided by statute or rule of court, the intent being to exclude therefrom such trusts as a statutory assignment for the benefit of creditors, probate administrations, conservatorships, and all other trusts as to which specific provision is made for court supervision. The provisions of §§ 55-3-24 to 55-3-48 , inclusive, are applicable to actions or proceedings relating to trusts supervised or administered under this chapter.