S.D. Codified Laws § 55-1-21.7

Current through the 2024 Legislative Session
Section 55-1-21.7 - Judicial designation of trustee-Order to carry out intent of trustor and purpose of trust

If no trustee is designated or no designated trustee is willing or able to serve, a court shall name a trustee. A court may order the transfer of the property to another trustee if required to ensure that the intended purposes are carried out or if no successor trustee is designated in the governing instrument or no designated successor trustee agrees to serve or is able to serve. A court may also make such other orders and determinations as are advisable to carry out the intent of the trustor and the purpose of §§ 55-1-20 to 55-1-22.6, inclusive.

SDCL 55-1-21.7

SL 2018, ch 275, §10.
Added by S.L. 2018, ch. 275,s. 10, eff. 7/1/2018.