A transfer may be made only for one minor, and only one person may be the custodian. All custodial property held under this chapter by the same custodian for the benefit of the same minor constitutes a single custodianship.
S.D. Codified Laws § 55-10A-12
Single custodianship
Known as the South Dakota Uniform Transfers to Minors Act
The act spans §§ 55–55 (26 sections).
Source: SL 1986, ch 409, § 12.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.