Section 55-1-1 - Purposes for which trust may be created. - South-dakota Statutes

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55-1-1. Purposes for which trust may be created. Except as otherwise prescribed by chapter 43-10 concerning trusts and uses in relation to real property and by chapters 43-4 and 43-25 relating to transfers, a trust may be created for any purpose for which a contract may lawfully be made.

Source: CivC 1877, § 1293; CL 1887, § 3916; RCivC 1903, § 1612; RC 1919, § 1190; SDC 1939 § 59.0104.

State Codes and Statutes

Statutes > South-dakota > Title-55 > Chapter-01 > Statute-55-1-1

55-1-1. Purposes for which trust may be created. Except as otherwise prescribed by chapter 43-10 concerning trusts and uses in relation to real property and by chapters 43-4 and 43-25 relating to transfers, a trust may be created for any purpose for which a contract may lawfully be made.

Source: CivC 1877, § 1293; CL 1887, § 3916; RCivC 1903, § 1612; RC 1919, § 1190; SDC 1939 § 59.0104.

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State Codes and Statutes

Statutes > South-dakota > Title-55 > Chapter-01 > Statute-55-1-1

55-1-1. Purposes for which trust may be created. Except as otherwise prescribed by chapter 43-10 concerning trusts and uses in relation to real property and by chapters 43-4 and 43-25 relating to transfers, a trust may be created for any purpose for which a contract may lawfully be made.

Source: CivC 1877, § 1293; CL 1887, § 3916; RCivC 1903, § 1612; RC 1919, § 1190; SDC 1939 § 59.0104.