South Dakota Codified Laws
Title 55 - Fiduciaries and Trusts
Chapter 15 - Total Return Unitrusts

Section 55-15-1 - Definitions. - 55-15-1.Definitions. Terms used in this chapter mean: (1)"Disinterested person," any...

Section 55-15-2 - Trustee's authority to convert income trust, total return unitrust--Calculate trust amount, value--Conditions. - 55-15-2. Trustee's authority to convert income trust, total return unitrust--Calculate...

Section 55-15-3 - Interested trustee's authority over actions enumerated in § 55-15-2--Conditions. - 55-15-3. Interested trustee's authority over actions enumerated in §55-15-2--Conditions. If...

Section 55-15-4 - Trustee may petition court--Appointment of disinterested person. - 55-15-4. Trustee may petition court--Appointment of disinterested person. If any...

Section 55-15-5 - Annual valuation of trust required. - 55-15-5. Annual valuation of trust required. The fair market value...

Section 55-15-6 - Calculation of unitrust amount. - 55-15-6. Calculation of unitrust amount. The unitrust amount shall be...

Section 55-15-8 - Unitrust amount as net income of trust--Allocation of capital gains to trust income. - 55-15-8. Unitrust amount as net income of trust--Allocation of capital...

Section 55-15-9 - Administration of total return unitrust--Authority of trustee. - 55-15-9. Administration of total return unitrust--Authority of trustee. In administering...

Section 55-15-10 - Distributions of principal not affected by conversion. - 55-15-10. Distributions of principal not affected by conversion. Conversion to...

Section 55-15-11 - Spouse may compel reconversion to income trust for certain trusts--Written instrument required. - 55-15-11. Spouse may compel reconversion to income trust for certain...

Section 55-15-12 - Applicability of chapter. - 55-15-12.Applicability of chapter. This chapter shall be construed as pertaining...

Section 55-15-13 - Trustee acting in good faith not liable--Remedy. - 55-15-13. Trustee acting in good faith not liable--Remedy. Any trustee...

Section 55-15-14 - No duty to act created. - 55-15-14. No duty to act created. Nothing in this chapter...

Section 55-15-15 - Chapter not applicable to charitable remainder unitrust. - 55-15-15.Chapter not applicable to charitable remainder unitrust. This chapter does...