Title 60 — LABOR AND EMPLOYMENT
17 chapters · 173 sections in this title.
SDCL § 60-13-1 Trust for benefit of employees not invalidated by rule against perpetuities
0.8K chars
A trust of real or personal property, or real and personal property combined, created by an employer as part of a stock bonus pension, disability, death benefit, insurance, endowment, annuity or profit sharing plan for the benefit of some or all of the employer's employees, to wh…
SDCL § 60-13-2 Validity of prior trust for benefit of employees
0.7K chars
No rule of law against perpetuities or suspension of the power of alienation of the title to property may operate to invalidate any trust created or attempted to be created, prior to July 1, 1955, by an employer as part of a stock bonus, pension, disability, death benefit, insura…