S.D. Codified Laws § 55-1-21.5

Current through the 2024 Legislative Session
Section 55-1-21.5 - Removal of enforcer

A trustee may petition the court for the removal of an enforcer. An enforcer may be removed if the court finds:

(1) The enforcer committed a serious breach of the enforcer's duty, or is unfit or unwilling to serve;
(2) A significant and unjustified lack of cooperation or hostility between the enforcer and the trustee, trust protector, or trust advisor; or
(3) There has been a substantial change in circumstances and removal of the enforcer would best serve the purpose or purposes of the trust.

The governing instrument may provide different or additional procedures for the removal of an enforcer.

SDCL 55-1-21.5

SL 2018, ch 275, §8; SL 2020, ch 206, § 2.
Amended by S.L. 2020, ch. 206,s. 2, eff. 7/1/2020.
Added by S.L. 2018, ch. 275,s. 8, eff. 7/1/2018.