The mutual consent of a trustor and trustee creates a trust of which the beneficiary may take advantage at any time prior to its rescission.
S.D. Codified Laws § 55-3-2
Creation of trust--Mutual consent of trustor and trustee
Source: SDC 1939, § 59.0202.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.