43-5-7. Exempt transfers.This chapter does not limit any of the following:(1)Transfers, outright or in trust, for charitable purposes;(2)Transfer to charitable corporations;(3)Transfers to any cemetery corporation, society, or association; or(4)Employees' trusts created as part of a pension, retirement, insurance, savings, stock bonus, profit sharing, or similar plan established by an employer for the benefit of employees eligible to participate. Source: SL 1983, ch 304, §3.
South Dakota Legal Code