S.D. Codified Laws § 21-22-32

Current through the 2024 Legislative Session
Section 21-22-32 - Title 55 governs actions of trustee as party to transaction

Notwithstanding the application of the principles of conflict of laws to the terms of a transaction involving a trust, whether a purchase of property by, or a sale of property to, a trust administered by a qualified person in South Dakota, as defined in § 55-3-41, the laws of this state as set forth in title 55 shall govern the actions of the trustee as a party thereto. South Dakota shall be considered the situs of the transaction.

SDCL 21-22-32

SL 2017, ch 204, §27.
Added by S.L. 2017, ch. 204,s. 27, eff. 7/1/2017.