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Home » US Law » 2022 South Dakota Codified Laws » Title 55 - Fiduciaries and Trusts » Chapter 03 - Express Trusts For Third Party Beneficiaries » Section 55-3-2 – Creation of trust–Mutual consent of trustor and trustee.

55-3-2. Creation of trust–Mutual consent of trustor and trustee.

The mutual consent of a trustor and trustee creates a trust of which the beneficiary may take advantage at any time prior to its rescission.

Source: SDC 1939, §59.0202.