South Dakota Codified Laws
Title 55 - Fiduciaries and Trusts
Chapter 16 - Qualified Dispositions In Trust

Section 55-16-1 - Definitions. - 55-16-1. Definitions. Terms used in this chapter mean: (1)"Claim," a...

Section 55-16-2 - Trust instrument defined. - 55-16-2. Trust instrument defined. For the purposes of this chapter,...

Section 55-16-3 - Qualified person defined. - 55-16-3. Qualified person defined. For the purposes of this chapter,...

Section 55-16-4 - Persons and entities not to be considered qualified person--Appointment, removal, or replacement of co-trustee, trust advisor, or trust protector. - 55-16-4. Persons and entities not to be considered qualified person--Appointment,...

Section 55-16-5 - Service as investment trust advisor--Service as fiduciary by transferor. - 55-16-5. Service as investment trust advisor--Service as fiduciary by transferor....

Section 55-16-6 - Successor qualified person. - 55-16-6. Successor qualified person. If a qualified person of a...

Section 55-16-7 - Disposition to more than one trustee--Qualified disposition even if all trustees are not qualified persons. - 55-16-7. Disposition to more than one trustee--Qualified disposition even if...

Section 55-16-8 - Powers and rights of transferor--Effect on qualified disposition. - 55-16-8. Powers and rights of transferor--Effect on qualified disposition. A...

Section 55-16-9 - Creditors' actions limited to transfers with intent to defraud. - 55-16-9. Creditors' actions limited to transfers with intent to defraud....

Section 55-16-10 - Requirements for bringing claim for fraudulent transfer of settlor's assets. - 55-16-10. Requirements for bringing claim for fraudulent transfer of settlor's...

Section 55-16-11 - Disposition by transferor who is a trustee--Time of disposition. - 55-16-11. Disposition by transferor who is a trustee--Time of disposition....

Section 55-16-12 - Creditor or other person--Rights with respect to a qualified disposition--Action against trustee, advisor, or trust preparer prohibited. - 55-16-12. Creditor or other person--Rights with respect to a qualified...

Section 55-16-13 - Action against trustee, advisor, or preparer of trust prohibited if action by creditor would be barred--Jurisdiction--Attorneys' fees and costs. - 55-16-13. Action against trustee, advisor, or preparer of trust prohibited...

Section 55-16-14 - Multiple qualified dispositions in same trust instrument. - 55-16-14. Multiple qualified dispositions in same trust instrument. If more...

Section 55-16-15 - Application of chapter. - 55-16-15. Application of chapter. (1)Notwithstanding the provisions of §§55-16-9 to...

Section 55-16-16 - Avoidance of qualified disposition. - 55-16-16. Avoidance of qualified disposition. A qualified disposition is avoided...