South Dakota Codified Laws 55-2-20. Impermissible use of power
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The power under § 55-2-15 may not be exercised to suspend the power to alienate trust property or extend the first trust beyond the permissible period of any rule against perpetuities applicable to the first trust.
Terms Used In South Dakota Codified Laws 55-2-20
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
Source: SL 2007, ch 281, § 6; SL 2011, ch 212, § 9.