§ 55-3-42 State jurisdiction provision defined.

SD Codified L § 55-3-42 (2019) (N/A)
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55-3-42. State jurisdiction provision defined. For the purposes of §§ 55-3-39 and 55-3-40, the term, state jurisdiction provision, means a provision within the trust instrument that the laws of this state govern the validity, construction, or administration of a trust or that the trust is subject to the jurisdiction of this state.

Source: SL 1998, ch 282, § 23; SL 2013, ch 239, § 22.