29A-5-406. Protective arrangements for minors or protected persons.Upon petition therefor, the court may authorize a conservator to enter into a protective arrangement, to disburse the estate of the minor or protected person, and to petition for termination of the conservatorship. Protective arrangements include but are not limited to payment, delivery, deposit, or retention of funds or property; sale, mortgage, lease, or other transfer of property; entry into an annuity contract, a contract for life care, a deposit contract, or a contract for training and education; and the addition to or establishment of a suitable trust. Source: SL 1993, ch 213, §49; SDCL 30-36-49; SL 1995, ch 167, §181. 29A-5-406. Protective arrangements for minors or protected persons.Upon petition therefor, the court may authorize a conservator to enter into a protective arrangement, to disburse the estate of the minor or protected person, and to petition for termination of the conservatorship. Protective arrangements include but are not limited to payment, delivery, deposit, or retention of funds or property; sale, mortgage, lease, or other transfer of property; entry into an annuity contract, a contract for life care, a deposit contract, or a contract for training and education; and the addition to or establishment of a suitable trust. Source: SL 1993, ch 213, §49; SDCL 30-36-49; SL 1995, ch 167, §181.
South Dakota Legal Code