South Dakota Statutes
§ 55-1-34 — Provision that beneficial interest in trust income or principal may not be transferred before payment to beneficiary permissible.
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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South Dakota § 55-1-34 (Provision that beneficial interest in trust income or principal may not be transferred before payment to beneficiary permissible.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 2007, ch 280, § 11.
Nearby Sections
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§ 55-1-2
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