South Dakota Statutes
§ 55-1-34 — Provision that beneficial interest in trust income or principal may not be transferred before payment to beneficiary permissible.
South Dakota § 55-1-34
This text of South Dakota § 55-1-34 (Provision that beneficial interest in trust income or principal may not be transferred before payment to beneficiary permissible.) 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 § 55-1-34 (2026).
Text
A settlor may provide in the terms of the trust that a beneficiary's beneficial interest in a trust's income, principal, or in both, may not be voluntarily or involuntarily transferred before payment or delivery of the beneficial interest to the beneficiary by the trustee.
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Legislative History
SL 2007, ch 280, § 11.
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 § 55-1-34, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-1-34.