76 chapters · 1,068 sections in this title.
SDCL § 21-22-1 Definition of terms
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Terms used in this chapter mean: (1) "Beneficiary," any person beneficially interested in the trust, as defined in subdivision 55-1-24(1) or who has a direct financial interest in the trust, including a creditor or claimant with any rights or claimed rights against the trust esta…
SDCL § 21-22-10 Fixing terms of trustee's bond--Amount and conditions--Sureties--Time of filing--New bond
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Unless the trustee is exempted by the terms of the instrument creating the trust from furnishing a bond or unless the instrument itself provides the amount and condition of such bond, the trustee shall, upon commencement of court supervision, petition the court to fix the amount …
SDCL § 21-22-11 Bond required despite terms of trust instrument
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When the instrument creating the trust exempts the trustee from furnishing a bond or limits the amount thereof, or the court shall determine that the bond ordered to be filed is insufficient, the court may if it concludes that a bond be necessary or that a bond of a larger amount…
SDCL § 21-22-12 Vacancy of office of trustee--Successor--Temporary trustee--Resigned trustee
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In case of the vacancy of the office of trustee, unless the instrument creating the trust names the successor, or allows the resigning trustee or another person to appoint its successor, the successor shall be appointed by the court upon hearing and notice as provided in this cha…