Except as otherwise provided in the governing instrument, a trust described in subdivision 55-1-21(1) terminates when no living animal is covered by the trust. Source: SL 2018, ch 275 , § 4.
SDCL § 55-1-21.1 — under CLASSIFICATION AND CREATION OF TRUSTS.
SDCL § 55-1-21.1
Except as otherwise provided in the governing instrument, a trust described in subdivision 55-1-21(1) terminates when no living animal is covered by the trust. Source: SL 2018, ch 275 , § 4.