S.D. Codified Laws § 55-1-22.3

Current through the 2024 Legislative Session

Section 55-1-22.3 - Spendthrift provision in hybrid purpose trust-Qualified dispositions in trust

A hybrid purpose trust may:

(1) Contain a spendthrift provision; and

(2) Also qualify as a trust described in § 55-16-2.

SDCL 55-1-22.3

SL 2018, ch 275, §17.

Added by S.L. 2018, ch. 275,s. 17, eff. 7/1/2018.