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Statutes > South Dakota Laws > Title 55 - FIDUCIARIES AND TRUSTS > Chapter 01 - Classification And Creation Of Trusts > Section 55-1-37 - Application of spendthrift provision.

STATE STATUTES & CODES

SOUTH DAKOTA STATUTES AND CODES

Section 55-1-37 - Application of spendthrift provision.

55-1-37. Application of spendthrift provision. A spendthrift provision applies to both distribution interests and remainder interests. A spendthrift provision is a material provision of a trust.

Source: SL 2007, ch 280, § 14; SL 2008, ch 257, § 5.

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