S.D. Codified Laws § 55-1-21

Trust for care of animal, care of other property, or other lawful noncharitable purpose

Source: SL 2006, ch 247, § 2; SL 2018, ch 275, § 3.

The following purpose trusts are valid:

(1) A trust for the care of a designated animal or animals;

(2) A trust for the care, maintenance, promotion, continuation, conservation, upkeep, protection, furtherance, or preservation of any other property; and

(3) A trust for any other lawful noncharitable purpose or purposes.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.