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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 55-2-17: Conditions under which beneficiary has power to change trustees.

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Where this section sits in the code
  1. TITLE 55. FIDUCIARIES AND TRUSTS
  2. CHAPTER 55-2. DUTIES AND LIABILITIES OF TRUSTEES

For the purposes of § 55-2-15, a beneficiary shall be considered to have the power to "change the trustees" if he or she can, alone or with others, name himself or herself as a trustee or can remove a trustee and replace that trustee with a new trustee who is the beneficiary or who is related or subordinate (as defined in § 672 of the I.R.C.) to the beneficiary.

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

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