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  4. South-Dakota
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  6. Title 55 - Fiduciaries and ...
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  8. Chapter 09 - Charitable Trusts


Chapter 09 - Charitable Trusts


  • § 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.
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