A hybrid purpose trust may: (1) Contain a spendthrift provision; and (2) Also qualify as a trust described in § 55-16-2 . Source: SL 2018, ch 275 , § 17.
Spendthrift provision in hybrid purpose trust--Qualified dispositions in trust
SDCL § 55-1-22.3, under CLASSIFICATION AND CREATION OF TRUSTS.
SDCL § 55-1-22.3