LegalFix
Individuals & FamiliesSmall BusinessesEmployersEmployee Benefits BrokersPEOsCredit UnionsMembership GroupsLegal Information
Sign In
  1. /
  2. U.S. State Codes
  3. /
  4. South-Dakota
  5. /
  6. Title 55 - Fiduciaries and ...
  7. /
  8. Chapter 15 - Total Return Unitrusts


Chapter 15 - Total Return Unitrusts


  • § 55-15-1 Definitions.
  • § 55-15-2 Trustee's authority to convert income trust, total return unitrust--Calculate trust amount, value--Conditions.
  • § 55-15-3 Interested trustee's authority over actions enumerated in § 55-15-2--Conditions.
  • § 55-15-4 Trustee may petition court--Appointment of disinterested person.
  • § 55-15-5 Annual valuation of trust required.
  • § 55-15-6 Calculation of unitrust amount.
  • § 55-15-7 Repealed.
  • § 55-15-8 Unitrust amount as net income of trust--Allocation of capital gains to trust income.
  • § 55-15-9 Administration of total return unitrust--Authority of trustee.
  • § 55-15-10 Distributions of principal not affected by conversion.
  • § 55-15-11 Spouse may compel reconversion to income trust for certain trusts--Written instrument required.
  • § 55-15-12 Applicability of chapter.
  • § 55-15-13 Trustee acting in good faith not liable--Remedy.
  • § 55-15-14 No duty to act created.
  • § 55-15-15 Chapter not applicable to charitable remainder unitrust.
We have updated our Terms of Service, Privacy Policy, and Disclosures. By continuing to browse this site, you agree to our Terms of Service, Privacy Policy, and Disclosures.
AboutContact UsPrivacyTermsDisclosuresAccessibilitySite Map

Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.

LegalFix provides its members with easy access to affordable legal services through a network of independent provider law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.

The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our provider law firms.

You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your provider law firm.

The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.

Use of this website, the purchase of legal plans, and access to the LegalFix network of provider law firms are subject to the LegalFix Terms of Service and Privacy Policy.

Bookish