{"data":{"id":"us-sd/sdcl-55-16-4","jurisdiction":"us-sd","citation":"SDCL § 55-16-4","heading":"Persons and entities not to be considered qualified person--Appointment, removal, or replacement of co-trustee, trust advisor, or trust protector.","body":"Neither the transferor nor any other natural person who is a nonresident of this state nor an entity that is not authorized by the law of this state to act as a trustee or whose activities are not subject to supervision as provided in § 55-16-3 may be considered a qualified person. However, nothing in this chapter precludes a transferor from appointing, removing, or replacing one or more co-trustees, trust advisors, or trust protectors, regardless of whether or not such trust advisor or trust protector is a fiduciary.","path":["TITLE 55. FIDUCIARIES AND TRUSTS","CHAPTER 55-16. QUALIFIED DISPOSITIONS IN TRUST"],"source_url":"https://sdlegislature.gov/Statutes/55-16-4","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"aeeea100304b58a474539036dbc72202fdb6c9709b11e8d736467998b194856e","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-55-16-3","next":"us-sd/sdcl-55-16-5"},"notice":"GroundRules: Original legal text. Not legal advice."}
