43-11-11. General power in trust defined.
48 words·~1 min read·
/sd/title-43/chapter-43-11/43-11-11·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A general power is in trust when any person or class of persons other than its holder is designated as entitled to the proceeds or the disposition or charge authorized by the power or to any portion of the proceeds or other benefits to result from its execution.