Section 43-11-58 - Death of trustee of a power with right of selection--Execution of power for benefit equallyof all designated persons. - South-dakota Statutes

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43-11-58. Death of trustee of a power with right of selection--Execution of power for benefit equally of all designated persons. If the trustee of a power, with the right of selection, dies, leaving the power unexecuted, its execution must be adjudged for the benefit equally of all the persons designated as objects of the trust.

Source: CivC 1877, § 354; CL 1887, § 2870; RCivC 1903, § 377; RC 1919, § 444; SDC 1939, § 59.0457.

State Codes and Statutes

Statutes > South-dakota > Title-43 > Chapter-11 > Statute-43-11-58

43-11-58. Death of trustee of a power with right of selection--Execution of power for benefit equally of all designated persons. If the trustee of a power, with the right of selection, dies, leaving the power unexecuted, its execution must be adjudged for the benefit equally of all the persons designated as objects of the trust.

Source: CivC 1877, § 354; CL 1887, § 2870; RCivC 1903, § 377; RC 1919, § 444; SDC 1939, § 59.0457.

State Codes and Statutes

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State Codes and Statutes

Statutes > South-dakota > Title-43 > Chapter-11 > Statute-43-11-58

43-11-58. Death of trustee of a power with right of selection--Execution of power for benefit equally of all designated persons. If the trustee of a power, with the right of selection, dies, leaving the power unexecuted, its execution must be adjudged for the benefit equally of all the persons designated as objects of the trust.

Source: CivC 1877, § 354; CL 1887, § 2870; RCivC 1903, § 377; RC 1919, § 444; SDC 1939, § 59.0457.