South Dakota Statutes
§ 55-4-8 — Trust to pay special debts--Failure of beneficiary to present claim for payment--Revocation of trust by depositor.
South Dakota § 55-4-8
This text of South Dakota § 55-4-8 (Trust to pay special debts--Failure of beneficiary to present claim for payment--Revocation of trust by depositor.) 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 § 55-4-8 (2026).
Text
If any beneficiary for whom a trust is created pursuant to § 55-4-7 does not present his claim to the bank for payment within one year after it is due, the depositor who created such trust may revoke it as to such creditor.
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Legislative History
SL 1943, ch 308, § 2; SDC Supp 1960, § 59.0502 (2).
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 § 55-4-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-4-8.