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Section 55-1-5 - Express trust created as to trustee--Words and acts of trustee — South Dakota Law | CourtGPT
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South Dakota Legal Code

Section 55-1-5 - Express trust created as to trustee--Words and acts of trustee

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55-1-5. Express trust created as to trustee--Words and acts of trustee.An express trust is created as to the trustee by any words or acts of his, indicating with reasonable certainty:(1)His acceptance of the trust or his acknowledgment, made upon sufficient consideration, of its existence; and(2)The subject, purpose, and beneficiary thereof. Source: SDC 1939, §59.0105.