{"data":{"id":"us-sd/sdcl-55-1-1","jurisdiction":"us-sd","citation":"SDCL § 55-1-1","heading":"Purposes for which trust may be created.","body":"Except as otherwise prescribed by chapters 43-4 and 43-25 relating to transfers, a trust may be created for any purpose for which a contract may lawfully be made.","path":["TITLE 55. FIDUCIARIES AND TRUSTS","CHAPTER 55-1. CLASSIFICATION AND CREATION OF TRUSTS"],"source_url":"https://sdlegislature.gov/Statutes/55-1-1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"3818e8a00b25ab817457096cdccd9b0456262b1579bcf8f26c0b4fdda0b2898c","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-54-16-10","next":"us-sd/sdcl-55-1-2"},"notice":"GroundRules: Original legal text. Not legal advice."}