LegalFix
Sign In

§ 55-1-21.3 Court order where fulfillment of purposes are impossible, inexpedient, or unlawful.

SD Codified L § 55-1-21.3 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

55-1-21.3. Court order where fulfillment of purposes are impossible, inexpedient, or unlawful. If the court finds that the fulfillment of the purposes are or have become impossible, inexpedient, or unlawful, the court shall make an order directing that the trust be administered in such manner as, in the judgment of the court, will, as nearly as can be, accomplish the general purposes, the objects, and intentions of the trustor.

Source: SL 2018, ch 275, § 6.

Previous Section
§ 55-1-21.2 Judicial reduction of property transferred to trustee if trust corpus exceeds amount required for intended purposes.
Next Section
§ 55-1-21.4 Enforcement of purpose of trust by enforcer.