S.D. Codified Laws § 55-1B-9
This is the official text of S.D. Codified Laws § 55-1B-9, 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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Investment, distribution, or tax trust advisor--Provided for in instrument
Official statutory text
A trust instrument governed by the laws of this state may provide for a person to act as an investment trust advisor, a distribution trust advisor, or a tax trust advisor, respectively, with regard to investment decisions, distribution decisions, or tax decisions, respectively. Unless otherwise provided or restricted by the terms of the governing instrument, any person may simultaneously serve as a trust advisor and a trust protector.
Source: SL 2005, ch 260, § 5; SL 2017, ch 204, § 16; SL 2025, ch 196, § 4.
Source: SL 2005, ch 260, § 5; SL 2017, ch 204, § 16; SL 2025, ch 196, § 4.
Status: in_force · Read it on the official government site
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