South Dakota Statutes
§ 55-1B-9 — Investment, distribution, or tax trust advisor--Provided for in instrument.
South Dakota § 55-1B-9
This text of South Dakota § 55-1B-9 (Investment, distribution, or tax trust advisor--Provided for in instrument.) 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 § 55-1B-9 (2026).
Text
A trust instrument governed by the laws of this state may provide for a person to act as an investment trust advisor, a distribution trust advisor, or a tax trust advisor, respectively, with regard to investment decisions, distribution decisions, or tax decisions, respectively. Unless otherwise provided or restricted by the terms of the governing instrument, any person may simultaneously serve as a trust advisor and a trust protector.
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Legislative History
SL 2005, ch 260, § 5; SL 2017, ch 204, § 16; SL 2025, ch 196, § 4.
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.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 55-1B-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-1B-9.