South Dakota § 55-1A-29 Payment of sum distributable to minor or other beneficiary under legal disability--Methods.

South Dakota Statutes

§ 55-1A-29 — Payment of sum distributable to minor or other beneficiary under legal disability--Methods.

South Dakota § 55-1A-29

Title 55FIDUCIARIES AND TRUSTS

Ch. 55-1ATRUSTEES' POWERS

This text of South Dakota § 55-1A-29 (Payment of sum distributable to minor or other beneficiary under legal disability--Methods.) 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 § 55-1A-29 (2026).

Text

A trustee may make payment of any sum distributable to a minor or other beneficiary under legal disability, without liability to himself, by paying the sum in any one or more of the following ways:

(1)Directly to the beneficiary;

(2)To the conservator of the beneficiary;

(3)Directly for the maintenance, education and general welfare of the beneficiary;

(4)To a parent of the beneficiary; or (5) To anyone who has custody and care of the person of the beneficiary.

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A trustee may make payment of any sum distributable to a minor or other beneficiary under legal disability, without liability to himself, by paying the sum in any one or more of the following ways: (1) Directly to the beneficiary; (2) To the conservator of the beneficiary; (3) Directly for the maintenance, education and general welfare of the beneficiary; (4) To a parent of the beneficiary; or (5) To anyone who has custody and care of the person of the beneficiary.