South Dakota Statutes
§ 55-1-27 — Certain remainder interests not property interests.
South Dakota § 55-1-27
This text of South Dakota § 55-1-27 (Certain remainder interests not property interests.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 55-1-27 (2026).
Text
Although a remainder interest may be an enforceable right, where it is not absolutely certain based on the language of the trust that the remainder interest will be distributed within one year, it may not be classified as a property interest. This section does not affect eligibility for any public assistance program administered by the Department of Social Services pursuant to § 28-1-1 .
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Legislative History
SL 2007, ch 280, § 4.
Nearby Sections
15
§ 55-1-2
Trusts classified.§ 55-1-20
Trusts for noncharitable purposes.§ 55-1-21.1
Termination of trust for care of animal.§ 55-1-21.11
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Bluebook (online)
South Dakota § 55-1-27, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-1-27.