No provision of §§ 55-2-15 to 55-2-20, inclusive, may be construed to abridge the right of any trustee who has power to distribute income or principal in further trust which arises under statute, common law, or the terms of the first trust.
S.D. Codified Laws § 55-2-21
Trustee's right to distribute income or principal in trust arising under law or terms of first trust not abridged
Source: SL 2007, ch 281, § 7; SL 2009, ch 252, § 20.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.