State Codes and Statutes

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

55-9-9. Distributions required to avoid taxes. The trustee of a trust described in § 55-9-7 shall distribute for each taxable year of the trust, amounts at least sufficient to avoid liability for the tax imposed by section 4942 (a) of the Internal Revenue Code.

Source: SL 1972, ch 259, § 2 (1).

State Codes and Statutes

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

55-9-9. Distributions required to avoid taxes. The trustee of a trust described in § 55-9-7 shall distribute for each taxable year of the trust, amounts at least sufficient to avoid liability for the tax imposed by section 4942 (a) of the Internal Revenue Code.

Source: SL 1972, ch 259, § 2 (1).