South Dakota Statutes
§ 55-2-17 — Conditions under which beneficiary has power to change trustees.
South Dakota § 55-2-17
This text of South Dakota § 55-2-17 (Conditions under which beneficiary has power to change trustees.) 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 § 55-2-17 (2026).
Text
For the purposes of § 55-2-15 , a beneficiary shall be considered to have the power to "change the trustees" if he or she can, alone or with others, name himself or herself as a trustee or can remove a trustee and replace that trustee with a new trustee who is the beneficiary or who is related or subordinate (as defined in § 672 of the I.R.C.) to the beneficiary.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
SL 2007, ch 281, § 3; SL 2009, ch 252, § 18.
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 § 55-2-17, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-2-17.