S.D. Codified Laws § 55-1-4

Creation of express trust--Words or acts of trustor

Last amended: 2017Year: 2025Length: 70 wordsOfficial source
An express trust is created as to the trustor and beneficiary by any words or acts of the trustor indicating with reasonable certainty: (1) An intention on the part of the trustor to create a trust; and (2) The subject, purpose, and beneficiary of the trust. Any express trust that concerns real property shall also be evidenced in writing. Source: SDC 1939, § 59.0105; SL 2017, ch 204, § 5.
S.D. Codified Laws § 55-1-4: Creation of express trust--Words or acts of trustor | Justis AI