{"data":{"id":"us-sd/sdcl-55-11-11","jurisdiction":"us-sd","citation":"SDCL § 55-11-11","heading":"Prearranged funeral contract pooled funds trust--Creation--Separate accounts--When consent of purchaser required.","body":"A prearranged funeral contract pooled funds trust may be created by a funeral director or a funeral establishment licensed in South Dakota, the South Dakota funeral directors association or a cemetery association organized under chapter 55-12. However, separate accounts within the pooled funds trust shall be maintained so that a purchaser whose money has been deposited into the pooled funds trust may identify his money. No purchaser's money may be deposited into a pooled funds trust unless the purchaser signs a form consenting to the deposit of his money into a pooled funds trust. The provision regarding consent shall not apply to prearranged funeral trusts where the personal property and professional services are to be provided for a guaranteed amount of money.","path":["TITLE 55. FIDUCIARIES AND TRUSTS","CHAPTER 55-11. PREARRANGED FUNERAL TRUSTS"],"source_url":"https://sdlegislature.gov/Statutes/55-11-11","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"27c64c7a131026a2445b7335fcc001194663a4481d56cb340af31f17b8368413","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-55-11-10","next":"us-sd/sdcl-55-11-12"},"notice":"GroundRules: Original legal text. Not legal advice."}