§ 55-1-22.3 Spendthrift provision in hybrid purpose trust--Qualified dispositions in trust.

SD Codified L § 55-1-22.3 (2019) (N/A)
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55-1-22.3. Spendthrift provision in hybrid purpose trust--Qualified dispositions in trust. A hybrid purpose trust may:

(1) Contain a spendthrift provision; and

(2) Also qualify as a trust described in § 55-16-2.Source: SL 2018, ch 275, § 17.