{"data":{"id":"us-sd/sdcl-55-13a-402","jurisdiction":"us-sd","citation":"SDCL § 55-13A-402","heading":"Distribution from trust or estate.","body":"A trustee shall allocate to income an amount received as a distribution of income from a trust or an estate in which the trust has an interest other than a purchased interest, and shall allocate to principal an amount received as a distribution of principal from such a trust or estate. If a trustee purchases an interest in a trust that is an investment entity, or a decedent or donor transfers an interest in such a trust to a trustee, § 55-13A-401 or 55-13A-415 applies to a receipt from the trust.","path":["TITLE 55. FIDUCIARIES AND TRUSTS","CHAPTER 55-13A. UNIFORM PRINCIPAL AND INCOME ACT"],"source_url":"https://sdlegislature.gov/Statutes/55-13A-402","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"7d46869f5293a3562e73cc3570779851e7818cdec15ecbc9a4e98ce447e1ada8","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-55-13a-401","next":"us-sd/sdcl-55-13a-403"},"notice":"GroundRules: Original legal text. Not legal advice."}