US lawSouth DakotaStatutesTitle 55Chapter 155-1-3S.D. Codified Laws § 55-1-3Express trust definedYear: 2025Length: 29 wordsOfficial source An express trust is an obligation arising out of a personal confidence reposed in and voluntarily accepted by one for the benefit of another. Source: SDC 1939, § 59.0101.PreviousS.D. Codified Laws § 55-1-2NextS.D. Codified Laws § 55-1-4