South Dakota Statutes

§ 55-2-19 — Exercise of power to distribute income or principal considered exercise of power of appointment.

South Dakota § 55-2-19
JurisdictionSouth Dakota
Title 55FIDUCIARIES AND TRUSTS
Ch. 55-2DUTIES AND LIABILITIES OF TRUSTEES

This text of South Dakota § 55-2-19 (Exercise of power to distribute income or principal considered exercise of power of appointment.) 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 § 55-2-19 (2026).

Text

The exercise of the power to distribute the income or principal of the trust under § 55-2-15 shall be considered the exercise of a power of appointment (other than a power to appoint to the trustee, the trustee's creditors, the trustee's estate, or the creditors of the trustee's estate).

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Legislative History

SL 2007, ch 281, § 5.

Nearby Sections

15
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Bluebook (online)
South Dakota § 55-2-19, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-2-19.