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Statutes > South Dakota Statutes > Title 55 - FIDUCIARIES AND TRUSTS > Chapter 09 - Charitable Trusts

Chapter 09 - Charitable Trusts

  • Section 55-9-1 - Express trusts--Creation for charitable, educational, religious, or other public use.
  • Section 55-9-2 - Validity of trust not affected by uncertainty or violation of rule against perpetuities--Disposal of property by trustee.
  • Section 55-9-3 - Liberal construction of trust to carry out intentions of donor--Purpose and object oftrust or method of administration imperfectly outlined.
  • Section 55-9-4 - Incomplete or imperfect trust--Purposes impracticable or impossible of performance--Administration to accomplish general purpose--Order of court with consent ofdonor, if alive and com
  • Section 55-9-5 - Enforcement by attorney general as representative of beneficiaries.
  • Section 55-9-6 - Restrictions to avoid taxability of income--Definition of terms.
  • Section 55-9-7 - Restrictions deemed incorporated in instrument creating charitable trust orfoundation.
  • Section 55-9-8 - Self-dealing by trustee prohibited.
  • Section 55-9-9 - Distributions required to avoid taxes.
  • Section 55-9-10 - Retention of excess business holdings prohibited.
  • Section 55-9-11 - Investments to jeopardize exempt purposes prohibited.
  • Section 55-9-12 - Taxable expenditures prohibited.
  • Section 55-9-13 - Judicial determination that restrictive provisions are contrary to instrument creatingtrust.




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