Section 55-1A-36 - Holding of two or more trusts with undivided interests. - South Dakota Statutes

55-1A-36. Holding of two or more trusts with undivided interests. A trustee may hold two or more trusts or parts of trusts created by the same instrument, as an undivided whole, without separation between such trusts or parts of such trusts; provided that, such separate trusts or parts of such trusts shall have undivided interests and that no such holding shall defer the vesting of any estate in possession or otherwise.

Source: SL 1979, ch 336, § 36.