Statutes, codes, and regulations
South Dakota Codified Laws
Title 55 - FIDUCIARIES AND TRUSTS
Chapter 15 - TOTAL RETURN UNITRUSTS
Section 55-15-10 - Distributions of principal and standards for income distributions not affected by conversion

S.D. Codified Laws § 55-15-10

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Current through the 2024 Legislative Session
Section 55-15-10 - Distributions of principal and standards for income distributions not affected by conversion

Conversion to a total return unitrust under the provisions of this chapter does not affect any other provisions of the governing instrument, if any, regarding distributions of principal or the standards for distributions of income.

SDCL 55-15-10

SL 2002, ch 225, §10; SL 2023, ch 161, §15.
Amended by S.L. 2023, ch. 161,s. 15, eff. 7/1/2023.