South Dakota Statutes

§ 55-1A-36 — Holding of two or more trusts with undivided interests.

South Dakota·Title 55 FIDUCIARIES AND TRUSTS·Ch. 55-1A TRUSTEES' POWERS
A trustee may hold two or more trusts or parts of trusts created by the same instrument, as an undivided whole, without separation between such trusts or parts of such trusts; provided that, such separate trusts or parts of such trusts shall have undivided interests and that no such holding shall defer the vesting of any estate in possession or otherwise.

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South Dakota § 55-1A-36 (Holding of two or more trusts with undivided interests.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1979, ch 336, § 36.

Nearby Sections

15
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