In the case of a disposition to more than one trustee, a disposition that is otherwise a qualified disposition may not be treated as other than a qualified disposition solely because not all of the trustees are qualified persons.
S.D. Codified Laws § 55-16-7
Disposition to more than one trustee--Qualified disposition even if all trustees are not qualified persons
Source: SL 2005, ch 261, § 7.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.