Current with legislation signed by the governor on or before 3/6/2024
Section 55-3-23 - Termination of trustIn addition to the methods specified in §§ 55-3-24 to 55-3-27, inclusive, a trust terminates if:
(1) The term of the trust expires;(2) The trust purpose is fulfilled;(3) The trust purpose becomes unlawful or impossible to fulfill; or(4) The trust is revoked.SL 1998, ch 282, §1; SL 2016, ch 231, §21.Amended by S.L. 2016, ch. 231,s. 21, eff. 7/1/2016.