Payment of sum distributable to minor or other beneficiary under legal disability--Methods

SDCL § 55-1A-29 — under TRUSTEES' POWERS.

SDCL § 55-1A-29

A trustee may make payment of any sum distributable to a minor or other beneficiary under legal disability, without liability to himself, by paying the sum in any one or more of the following ways: (1) Directly to the beneficiary; (2) To the conservator of the beneficiary; (3) Directly for the maintenance, education and general welfare of the beneficiary; (4) To a parent of the beneficiary; or (5) To anyone who has custody and care of the person of the beneficiary. Source: SL 1979, ch 336 , § 29; SL 1993, ch 213 , § 253.