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.
Express trust need not be for exclusive benefit of beneficiaries
SDCL § 55-1-5.1 — under CLASSIFICATION AND CREATION OF TRUSTS.
SDCL § 55-1-5.1