South Dakota Statutes

§ 55-3-21 — Appointment of trustee by circuit court--Grounds.

South Dakota·Title 55 FIDUCIARIES AND TRUSTS·Ch. 55-3 EXPRESS TRUSTS FOR THIRD-PARTY BENEFICIARIES
If a trust exists without any appointed trustees, or where all the trustees renounce, die, or are discharged, the circuit court for the county where the trust property or some portion thereof is situated must appoint another trustee and direct the execution of the trust. The court may in its discretion appoint the original number or any less number of trustees.

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South Dakota § 55-3-21 (Appointment of trustee by circuit court--Grounds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Christie v. Dold
524 N.W.2d 866 (South Dakota Supreme Court, 1994)
7 case citations

Legislative History

SDC 1939, § 59.0220.

Nearby Sections

15
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