South Dakota Codified Laws

S.D. Codified Laws § 55-1-41 (2026)

Effect of spendthrift provision.

✓ current as of May 2026

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55-1-41. Effect of spendthrift provision.

If the trust contains a spendthrift provision, no creditor may reach present or future mandatory distributions from the trust at the trust level. Moreover, no court may order a trustee to distribute past due mandatory distributions directly to a creditor.

Source: SL 2007, ch 280, § 18; SL 2009, ch 252, § 9.

Notes of Decisions

Cited in 3 cases (1 in the last 5 years), 2019–2023 · leading case: Plains Com. Bank, Inc. v. Beck, 986 N.W.2d 519 (S.D. 2023).

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Plains Com. Bank, Inc. v. Beck, 986 N.W.2d 519 (S.D. 2023). · cites it 3× “As to creditors, a spendthrift trust is one from which “no creditor may reach present or future mandatory distributions from the trust at the trust level.”

In re Cleopatra Cameron Gift Trust, 931 N.W.2d 244 (S.D. 2019). “See SDCL 55-1-41 ("If the trust contains a spendthrift provision, no creditor may reach present or future mandatory distributions from the trust at the trust level.”

Matter of Cameron Trust, 2019 S.D. 35 (S.D. 2019). “See SDCL 55-1-41 (“If the trust contains a spendthrift provision, no creditor may reach present or future mandatory distributions from the trust at the trust level.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.