South Dakota Statutes
§ 55-6-1 — Establishment and maintenance of common trust funds and collective investment funds--Purpose.
South Dakota·Title 55 FIDUCIARIES AND TRUSTS·Ch. 55-6 COMMON TRUST FUNDS AND COLLECTIVE INVESTMENT FUNDS
Any bank or trust company qualified to act as fiduciary in this state may establish common trust funds or collective investment funds for the purpose of furnishing investments to itself as fiduciary, or to itself and others, as cofiduciaries. Any common trust fund or collective investment fund authorized by this chapter shall be established and maintained in accordance with 12 C.F.R. 9.18 as of January 1, 2011.
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South Dakota § 55-6-1 (Establishment and maintenance of common trust funds and collective investment funds--Purpose.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Pina v. Flaglore
443 N.W.2d 627 (South Dakota Supreme Court, 1989)
Legislative History
SL 1941, ch 20, § 1; SDC Supp 1960, § 6.0901; SL 2011, ch 212, § 23.
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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