South Dakota Statutes
§ 55-1B-7 — Submission to court jurisdiction--Effect on trust advisor or trust protector.
By accepting an appointment to serve as a trust advisor or trust protector of a trust that is subject to the laws of this State, the trust advisor or the trust protector submits to the jurisdiction of the courts of South Dakota even if investment advisory agreements or other related agreements provide otherwise, and the trust advisor or trust protector may be made a party to any action or proceeding if issues relate to a decision or action of the trust advisor or trust protector.
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South Dakota § 55-1B-7 (Submission to court jurisdiction--Effect on trust advisor or trust protector.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1997, ch 280, § 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
Co-enforcer appointment--Powers.