South Dakota Statutes
§ 55-4-17 — Unenforceable oral trust created by deed--Duties of intended trustee--Conveyance of real property interest under oral trust.
South Dakota § 55-4-17
This text of South Dakota § 55-4-17 (Unenforceable oral trust created by deed--Duties of intended trustee--Conveyance of real property interest under oral trust.) 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 § 55-4-17 (2026).
Text
When an interest in real property is conveyed by deed to a person on a trust which is unenforceable on account of the statute of frauds and the intended trustee or his successor in interest still holds title but refuses to carry out the trust on account of the statute of frauds, the intended trustee or his successor in interest, except to the extent that the successor in interest is a bona fide purchaser of a legal interest in the real property in question, shall be under a duty to convey the interest in real property to the settlor or his successor in interest. A court having jurisdiction may prescribe the conditions upon which the interest shall be conveyed to the settlor or his successor in interest.
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Legislative History
SL 1943, ch 308, § 16; SDC Supp 1960, § 59.0516 (1).
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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Bluebook (online)
South Dakota § 55-4-17, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-4-17.