South Dakota Codified Laws > Title 6 > Chapter 14 – Endowment Funds

Current as of: 2023 | Check for updates | Other versions


§ 6-14-1	Creation and transfer of endowment fund
§ 6-14-2	Spending

lawyer at desk

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In South Dakota Codified Laws > Title 6 > Chapter 14 - Endowment Funds

Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.