Section 55-1A-29 - Payment of sum distributable to minor or other beneficiary under legaldisability--Methods. - South Dakota Statutes

55-1A-29. Payment of sum distributable to minor or other beneficiary under legal disability--Methods. A trustee may make payment of any sum distributable to a minor or other beneficiary under legal disability, without liability to himself, by paying the sum in any one or more of the following ways:
(1) Directly to the beneficiary;
(2) To the conservator of the beneficiary;
(3) Directly for the maintenance, education and general welfare of the beneficiary;
(4) To a parent of the beneficiary; or
(5) To anyone who has custody and care of the person of the beneficiary.

Source: SL 1979, ch 336, § 29; SL 1993, ch 213, § 253.