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S.D. Codified Laws ch. 55-16 – Qualified Dispositions in Trust | Midpage
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South Dakota Codified Laws
Title 55
Chapter 55-16
S.D. Codified Laws ch. 55-16
Qualified Dispositions in Trust
55-16-1
Definitions.
55-16-2
Trust instrument defined.
55-16-3
Qualified person defined.
55-16-4
Persons and entities not to be considered qualified person--Appointment, removal, or replacement of co-trustee, trust advisor, or trust protector.
55-16-5
Service as investment trust advisor--Service as fiduciary by transferor.
55-16-6
Successor qualified person.
55-16-7
Disposition to more than one trustee--Qualified disposition even if all trustees are not qualified persons.
55-16-8
Powers and rights of transferor--Effect on qualified disposition.
55-16-9
Creditors' actions limited to transfers with intent to defraud.
55-16-10
Claim of fraudulent transfer of settlor's assets--Requirements--Discovery--Transfer filing--Substantive rights.
55-16-11
Disposition by transferor who is a trustee--Time of disposition.
55-16-12
Creditor or other person--Rights with respect to a qualified disposition--Action against trustee, advisor, or trust preparer prohibited.
55-16-13
Action against trustee, advisor, or preparer of trust prohibited if action by creditor would be barred--Jurisdiction--Attorneys' fees and costs.
55-16-14
Multiple qualified dispositions in same trust instrument.
55-16-15
Application of chapter.
55-16-16
Avoidance of qualified disposition.