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South Dakota Codified Laws
Title 55
Chapter 55-9
S.D. Codified Laws ch. 55-9
Charitable Trusts
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55-9-1
Express trusts--Creation for charitable, educational, religious, or other public use.
55-9-2
Validity of trust not affected by uncertainty or violation of rule against perpetuities--Disposal of property by trustee.
55-9-3
Action to enforce charitable trust--Liberal construction to carry out intent--Notice of action to attorney general.
55-9-4
Incomplete or imperfect trust--Purposes impracticable or impossible of performance--Administration to accomplish general purpose--Order of court with consent of donor, if alive and competent.
55-9-5
Enforcement by attorney general as representative of beneficiaries--Exception.
55-9-6
Restrictions to avoid taxability of income--Definition of terms.
55-9-7
Restrictions deemed incorporated in instrument creating charitable trust or foundation.
55-9-8
Self-dealing by trustee prohibited.
55-9-9
Distributions required to avoid taxes.
55-9-10
Retention of excess business holdings prohibited.
55-9-11
Investments to jeopardize exempt purposes prohibited.
55-9-12
Taxable expenditures prohibited.
55-9-13
Judicial determination that restrictive provisions are contrary to instrument creating trust.
55-9-14
State supervisory powers unimpaired by restrictions to avoid taxability of income.