South Dakota Statutes
§ 55-1-46 — No contest clause defined--Enforceability.
For purposes of §§ to 55-1-51 , inclusive, a no contest clause is a provision or clause in a trust, that penalizes a qualified beneficiary for contesting a trust or instituting other proceedings at law or equity relating to the trust estate, excluding proceedings related to trust administration. Except as provided in §§ 55-1-47 to 55-1-51 , inclusive, a no contest clause shall be enforced unless probable cause exists for instituting the proceeding on the grounds of:
(1)Fraud;
(2)Duress;
(3)Revocation;
(4)Lack of contractual capacity;
(5)Undue influence;
(6)Mistake;
(7)Forgery; or (8) Irregularity in the execution of the trust document.
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Legislative History
SL 2012, ch 233, § 8.
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
Co-enforcer appointment--Powers.