GroundRules
← Search the law
South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 55-1-24.2: Withdrawal power.

Read at publisher ↗
Where this section sits in the code
  1. TITLE 55. FIDUCIARIES AND TRUSTS
  2. CHAPTER 55-1. CLASSIFICATION AND CREATION OF TRUSTS

A withdrawal power allows a person a right to withdraw all or some part of the trust property, whether from income or principal. The holder of a withdrawal power is not deemed to be the settlor of the trust by failing to exercise a withdrawal power or letting a withdrawal power lapse.

Collected 2026-09-03T15:18:57Z. Source file · JSON

Browse this collection