South Dakota Statutes
§ 55-3-23 — Termination of trust.
In addition to the methods specified in §§ 55-3-24 to 55-3-27 , inclusive, a trust terminates if:
(1)The term of the trust expires;
(2)The trust purpose is fulfilled;
(3)The trust purpose becomes unlawful or impossible to fulfill; or (4) The trust is revoked.
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South Dakota § 55-3-23 (Termination of trust.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
In Re Estate of Amundson
2001 SD 18 (South Dakota Supreme Court, 2001)
Legislative History
SL 1998, ch 282, § 1; SL 2016, ch 231, § 21.
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
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