Section 55-9-3 - Liberal construction of trust to carry out intentions of donor--Purpose and object oftrust or method of administration imperfectly outlined. - South-dakota Statutes

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55-9-3. Liberal construction of trust to carry out intentions of donor--Purpose and object of trust or method of administration imperfectly outlined. Such trust shall be liberally construed by the courts so that the intentions of the donor thereof shall be carried out whenever possible, and no such trust shall fail solely because the donor has imperfectly outlined the purpose and object of such charity or the method of administration.

Source: SL 1955, ch 429, § 3; SDC Supp 1960, § 59.0603.

State Codes and Statutes

Statutes > South-dakota > Title-55 > Chapter-09 > Statute-55-9-3

55-9-3. Liberal construction of trust to carry out intentions of donor--Purpose and object of trust or method of administration imperfectly outlined. Such trust shall be liberally construed by the courts so that the intentions of the donor thereof shall be carried out whenever possible, and no such trust shall fail solely because the donor has imperfectly outlined the purpose and object of such charity or the method of administration.

Source: SL 1955, ch 429, § 3; SDC Supp 1960, § 59.0603.

State Codes and Statutes

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State Codes and Statutes

Statutes > South-dakota > Title-55 > Chapter-09 > Statute-55-9-3

55-9-3. Liberal construction of trust to carry out intentions of donor--Purpose and object of trust or method of administration imperfectly outlined. Such trust shall be liberally construed by the courts so that the intentions of the donor thereof shall be carried out whenever possible, and no such trust shall fail solely because the donor has imperfectly outlined the purpose and object of such charity or the method of administration.

Source: SL 1955, ch 429, § 3; SDC Supp 1960, § 59.0603.