The execution, in whole or in part, of any trust power, may be adjudged for the benefit of the creditors or assignees of any person entitled as one of the beneficiaries of the trust, to compel its execution when his interest is transferable.
Terms Used In South Dakota Codified Laws 43-11-34
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
Source: CivC 1877, § 356; CL 1887, § 2872; RCivC 1903, § 379; RC 1919, § 446; SDC 1939, § 59.0459.