In addition to the methods specified in §§ 55-3-24 to 55-3-27 , inclusive, a trust terminates if: (1) The term of the trust expires; (2) The trust purpose is fulfilled; (3) The trust purpose becomes unlawful or impossible to fulfill; or (4) The trust is revoked. Source: SL 1998, ch 282 , § 1; SL 2016, ch 231 , § 21.
Termination of trust
SDCL § 55-3-23 — under EXPRESS TRUSTS FOR THIRD-PARTY BENEFICIARIES.
SDCL § 55-3-23