South Dakota Statutes
§ 55-16-7 — Disposition to more than one trustee--Qualified disposition even if all trustees are not qualified persons.
South Dakota § 55-16-7
This text of South Dakota § 55-16-7 (Disposition to more than one trustee--Qualified disposition even if all trustees are not qualified persons.) 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 § 55-16-7 (2026).
Text
In the case of a disposition to more than one trustee, a disposition that is otherwise a qualified disposition may not be treated as other than a qualified disposition solely because not all of the trustees are qualified persons.
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Legislative History
SL 2005, ch 261, § 7.
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 § 55-16-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-16-7.