{"data":{"id":"us-sd/sdcl-55-1-21.2","jurisdiction":"us-sd","citation":"SDCL § 55-1-21.2","heading":"Judicial reduction of property transferred to trustee if trust corpus exceeds amount required for intended purposes.","body":"A court may reasonably reduce the amount of the property transferred to the trustee of a purpose trust if the court determines that the trust corpus substantially exceeds the amount required for the intended purposes. The court should consider allowing the trust to be administered for a reasonable period of time before undertaking a determination. The amount of the reduction, if any, passes as unexpended trust property, as set forth in § 55-1-21.8.","path":["TITLE 55. FIDUCIARIES AND TRUSTS","CHAPTER 55-1. CLASSIFICATION AND CREATION OF TRUSTS"],"source_url":"https://sdlegislature.gov/Statutes/55-1-21.2","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"7bd984ea73c8cf1884e1c9001a94d50252eb27d18b3a886091179734622f8da7","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-55-1-21.1","next":"us-sd/sdcl-55-1-21.3"},"notice":"GroundRules: Original legal text. Not legal advice."}
