South Dakota Statutes

§ 55-1-37 — Application of spendthrift provision.

South Dakota·Title 55 FIDUCIARIES AND TRUSTS·Ch. 55-1 CLASSIFICATION AND CREATION OF TRUSTS
A spendthrift provision applies to both distribution interests and remainder interests. A spendthrift provision is a material provision of a trust.

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Related

PLAINS COMMERCE BANK, INC. v. BECK
986 N.W.2d 519 (South Dakota Supreme Court, 2023)
3 case citations

Legislative History

SL 2007, ch 280, § 14; SL 2008, ch 257, § 5.

Nearby Sections

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