Discretion of trustee of hybrid purpose trust

SDCL § 55-1-22.5 — under CLASSIFICATION AND CREATION OF TRUSTS.

SDCL § 55-1-22.5

Except as otherwise provided in the governing instrument, a trustee of a hybrid purpose trust is vested with full discretion in administering the trust and considering the best interests of the beneficiaries and the purposes of the trust. Source: SL 2018, ch 275 , § 19.