Impermissible use of power

SDCL § 55-2-20 — under DUTIES AND LIABILITIES OF TRUSTEES.

SDCL § 55-2-20

The power under § 55-2-15 may not be exercised to suspend the power to alienate trust property or extend the first trust beyond the permissible period of any rule against perpetuities applicable to the first trust. Source: SL 2007, ch 281 , § 6; SL 2011, ch 212 , § 9.