Upon petition therefor, the court may authorize a conservator to enter into a protective arrangement, to disburse the estate of the minor or protected person, and to petition for termination of the conservatorship. Protective arrangements include but are not limited to payment, delivery, deposit, or retention of funds or property; sale, mortgage, lease, or other transfer of property; entry into an annuity contract, a contract for life care, a deposit contract, or a contract for training and education; and the addition to or establishment of a suitable trust.
S.D. Codified Laws § 29A-5-406
Protective arrangements for minors or protected persons
Known as the South Dakota Guardianship and Conservatorship Act
The act spans §§ 29A-5-101 to 29A-5-510 (83 sections).
Source: SL 1993, ch 213, § 49; SDCL 30-36-49; SL 1995, ch 167, § 181.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.