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S.D. Codified Laws § 55-2-20

Impermissible use of power

Source: SL 2007, ch 281, § 6; SL 2011, ch 212, § 9.

The power under § 55-2-15 may not be exercised to suspend the power to alienate trust property or extend the first trust beyond the permissible period of any rule against perpetuities applicable to the first trust.

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