S.D. Admin. R. 20:06:04:16

Current through Register Vol. 50, page 159, June 17, 2024

Section 20:06:04:16 - Definition of trustee

As used in §§ 20:06:04:12 to 20:06:04:16, inclusive, the "immediate family" of a trustee means:

(1) A son or daughter of the trustee, or a descendant of either;

(2) A stepson or stepdaughter of the trustee;

(3) The father or mother of the trustee, or an ancestor of either;

(4) A stepfather or stepmother of the trustee;

(5) A spouse of the trustee.

For the purpose of determining whether any of the foregoing relations exist, a legally adopted child of a person shall be considered a child of such person by blood.

S.D. Admin. R. 20:06:04:16

4 SDR 6, effective 8/9/1977; 12 SDR 151, 12 SDR 155, effective 7/1/1986.

General Authority: SDCL 58-5-77.

Law Implemented: SDCL 58-5-69.