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Home » US Law » 2022 South Dakota Codified Laws » Title 55 - Fiduciaries and Trusts » Chapter 09 - Charitable Trusts » Section 55-9-9 – Distributions required to avoid taxes.

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).