S.D. Codified Laws § 55-1A-33

Current with legislation signed by the governor on or before 3/6/2024
Section 55-1A-33 - Advance of income or loan to beneficiary-Lien

A trustee may advance income or make loans out of trust property to a beneficiary on terms and conditions the trustee considers to be fair and reasonable under the circumstances, for which such advance or loan the trustee shall have a lien on the future benefits of such beneficiary.

SDCL 55-1A-33

SL 1979, ch 336, § 33; SL 2011, ch 212, §18.