As used in §§ 20:06:04:12 to 20:06:04:16, inclusive, the "immediate family" of a trustee means:

1. (1) A son or daughter of the trustee, or a descendant of either;
2. (2) A stepson or stepdaughter of the trustee;
3. (3) The father or mother of the trustee, or an ancestor of either;
4. (4) A stepfather or stepmother of the trustee;

5. (5) A spouse of the trustee.

   For the purpose of determining whether any of the foregoing relations exist, a legally adopted child of a person shall be considered a child of such person by blood.

Source: 4 SDR 6, effective August 9, 1977; 12 SDR 151, 12 SDR 155, effective July 1, 1986.

General Authority: SDCL 58-5-77.

Law Implemented: SDCL 58-5-69.