S.D. Codified Laws § 55-3-23

Termination of trust

Last amended: 2016Year: 2025Length: 59 wordsOfficial source
In addition to the methods specified in §§ 55-3-24 to 55-3-27 , inclusive, a trust terminates if: (1) The term of the trust expires; (2) The trust purpose is fulfilled; (3) The trust purpose becomes unlawful or impossible to fulfill; or (4) The trust is revoked. Source: SL 1998, ch 282, § 1; SL 2016, ch 231, § 21.
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