South Dakota § 55-1-22.4 Application of §§

South Dakota Statutes

§ 55-1-22.4 — Application of §§

South Dakota § 55-1-22.4

Title 55FIDUCIARIES AND TRUSTS

Ch. 55-1CLASSIFICATION AND CREATION OF TRUSTS

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Bluebook

S.D. Codified Laws § 55-1-22.4 (2026).

Text

The provisions of §§ 55-1-21 to 55-1-21.9 , inclusive, apply to a hybrid purpose trust except that:

(1)Under § 55-1-21.1 , except as otherwise provided in the governing instrument, a trust as described in subdivision 55-1-21(1) terminates when no living animal is covered by the trust unless the trust may continue for the benefit of the beneficiaries; and (2) Under § 55-1-21.2 , a court has no power to reduce the amount of trust property intended for or allocated to any beneficiaries or any charitable purposes.

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The provisions of §§ 55-1-21 to 55-1-21.9 , inclusive, apply to a hybrid purpose trust except that: (1) Under § 55-1-21.1 , except as otherwise provided in the governing instrument, a trust as described in subdivision 55-1-21(1) terminates when no living animal is covered by the trust unless the trust may continue for the benefit of the beneficiaries; and (2) Under § 55-1-21.2 , a court has no power to reduce the amount of trust property intended for or allocated to any beneficiaries or any charitable purposes.