S.D. Codified Laws § 55-1-5.1

Express trust need not be for exclusive benefit of beneficiaries

Name: Justis AI
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Last amended: 2017Year: 2025Length: 30 wordsOfficial source

The terms of an express trust need not be for the exclusive benefit of its beneficiaries, whether or not the beneficiaries are ascertainable. Source: SL 2017, ch 204, § 7.