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§ 55-1-44 Action for fraudulent transfer of settlor's assets.

SD Codified L § 55-1-44 (2019) (N/A)
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55-1-44. Action for fraudulent transfer of settlor's assets. Notwithstanding any other provision of law, no action of any kind, including an action to enforce a judgment entered by a court or other body having adjudicative authority, may be brought at law or in equity for an attachment or other provisional remedy against property that is the subject of a South Dakota trust or for avoidance of a transfer to a South Dakota trust unless the settlor's transfer of property was made with the intent to defraud that specific creditor.

Source: SL 2011, ch 212, § 36.

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§ 55-1-45 Limitation of action for fraudulent transfer of settlor's assets.