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Code · South Dakota · Title 55 · Chapter 55-1

55-1-21. Trust for care of animal, care of other property, or other lawful noncharitable purpose.

49 words·~1 min read·/sd/title-55/chapter-55-1/55-1-21

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The following purpose trusts are valid:
(1)A trust for the care of a designated animal or animals;
(2)A trust for the care, maintenance, promotion, continuation, conservation, upkeep, protection, furtherance, or preservation of any other property; and
(3)A trust for any other lawful noncharitable purpose or purposes.
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