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S.D. Codified Laws § 55-1-21.10

Trustee may not use principal and income other than for trust's purposes

Source: SL 2018, ch 275, § 13.

Except as expressly provided otherwise in the trust instrument, no portion of the principal or income may be converted to the use of the trustee or to any use other than for the trust's purposes or the benefit of a covered animal.

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