Application of spendthrift provision

SDCL § 55-1-37 — under CLASSIFICATION AND CREATION OF TRUSTS.

SDCL § 55-1-37

A spendthrift provision applies to both distribution interests and remainder interests. A spendthrift provision is a material provision of a trust. Source: SL 2007, ch 280 , § 14; SL 2008, ch 257 , § 5.