S.D. Codified Laws § 55-3-17

Current with legislation signed by the governor on or before 3/6/2024
Section 55-3-17 - Discharge of trustee-Grounds

A trustee can be discharged from his trust only as follows:

(1) By the extinction of the trust;
(2) By the completion of his duties under the trust;
(3) By such means as may be prescribed by the declaration of trust;
(4) By the consent of the beneficiary, if he has capacity to contract;
(5) By the judgment of a competent tribunal in a direct proceeding for that purpose that he is of unsound mind; or
(6) By the circuit court.

SDCL 55-3-17

SDC 1939, § 59.0218.