South Dakota Statutes
§ 55-1-5 — Express trust created as to trustee--Words and acts of trustee.
South Dakota § 55-1-5
This text of South Dakota § 55-1-5 (Express trust created as to trustee--Words and acts of trustee.) 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 § 55-1-5 (2026).
Text
An express trust is created as to the trustee by any words or acts of his, indicating with reasonable certainty:
(1)His acceptance of the trust or his acknowledgment, made upon sufficient consideration, of its existence; and (2) The subject, purpose, and beneficiary thereof.
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Related
In Re Tri-County Water Ass'n, Inc.
91 B.R. 547 (D. South Dakota, 1988)
Bollinger v. Eldredge
524 N.W.2d 118 (South Dakota Supreme Court, 1994)
Jahnel v. First Northwestern Trust Co. of South Dakota
428 N.W.2d 528 (South Dakota Supreme Court, 1988)
Legislative History
SDC 1939, § 59.0105.
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 § 55-1-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-1-5.