South Dakota Statutes
§ 55-9-2 — Validity of trust not affected by uncertainty or violation of rule against perpetuities--Disposal of property by trustee.
South Dakota § 55-9-2
This text of South Dakota § 55-9-2 (Validity of trust not affected by uncertainty or violation of rule against perpetuities--Disposal of property by trustee.) 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 § 55-9-2 (2026).
Text
No such trust shall be invalid because of indefiniteness or uncertainty of the object of such trust or of the beneficiaries thereof designated in the instrument creating the same nor by reason of the same contravening any statute or rule against perpetuities, but no such trust shall be construed so as to prevent or limit the free alienation of the title to any of the trust estate by the trustee in the administration of said trust, except as may be permitted under existing or subsequent statutes.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
SL 1955, ch 429, § 2; SDC Supp 1960, § 59.0602.
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
Co-enforcer appointment--Powers.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 55-9-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-9-2.