Section 55-1-41 - Effect of spendthrift provision. - South Dakota Statutes

55-1-41. Effect of spendthrift provision. If the trust contains a spendthrift provision, no creditor may reach present or future mandatory distributions from the trust at the trust level. Moreover, no court may order a trustee to distribute past due mandatory distributions directly to a creditor.

Source: SL 2007, ch 280, § 18; SL 2009, ch 252, § 9.