The office of a trustee is vacated: (1) By its death; (2) By its discharge; or (3) By its resignation. Source: SDC 1939, § 59.0217; SL 2019, ch 209 , § 1.
Vacation of office of trustee
SDCL § 55-3-16 — under EXPRESS TRUSTS FOR THIRD-PARTY BENEFICIARIES.
SDCL § 55-3-16