Upon the death of the transferor, the beneficiary is liable for the debts and obligations of the deceased transferor under the conditions set forth in §§ 29A-6-421 to 29A-6-424, inclusive.
S.D. Codified Laws § 29A-6-420
Liability for debts and obligations of deceased transferor
Source: SL 2014, ch 133, § 20.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.