Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 55-1-24-1 — South Dakota Law | CourtGPT
  1. Home/
  2. Laws/
  3. South Dakota/
  4. Title 55 - Fiduciaries and Trusts/
  5. Chapter 01 - Classification and Creation of Trusts/
  6. § 55-1-24-1
South Dakota Legal Code

§ 55-1-24-1

Ask AI about this
55-1-24.1. Improper motive.For purposes of §§55-1-24 to 55-1-45, inclusive, improper motive is demonstrated by action such as the following:(1)A trustee refusing to make or limiting distributions to beneficiaries other than the trustee due to the trustee's self interest when the trustee also holds a beneficial interest subject to a discretionary interest; or(2)A trustee making a distribution in excess of an ascertainable standard to himself or herself as beneficiary when the trustee is restricted by an ascertainable standard in the trust. Source: SL 2008, ch 257, §3; SL 2011, ch 212, §31.