S.D. Codified Laws § 55-1A-29
This is the official text of S.D. Codified Laws § 55-1A-29, part of South Dakota’s Codified Laws — part of the compiled statutory law of South Dakota, published by the state as "Codified Laws." Browse the sections below, each linked to its official government source.
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Payment of sum distributable to minor or other beneficiary under legal disability--Methods
Official statutory text
A trustee may make payment of any sum distributable to a minor or other beneficiary under legal disability, without liability to himself, by paying the sum in any one or more of the following ways:
(1) Directly to the beneficiary;
(2) To the conservator of the beneficiary;
(3) Directly for the maintenance, education and general welfare of the beneficiary;
(4) To a parent of the beneficiary; or
(5) To anyone who has custody and care of the person of the beneficiary.
Source: SL 1979, ch 336, § 29; SL 1993, ch 213, § 253.
(1) Directly to the beneficiary;
(2) To the conservator of the beneficiary;
(3) Directly for the maintenance, education and general welfare of the beneficiary;
(4) To a parent of the beneficiary; or
(5) To anyone who has custody and care of the person of the beneficiary.
Source: SL 1979, ch 336, § 29; SL 1993, ch 213, § 253.
Status: in_force · Read it on the official government site
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