South Dakota Codified Laws > Title 60 > Chapter 13 – Employee Benefit Trusts
Current as of: 2023 | Check for updates
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Other versions
| § 60-13-1 | Trust for benefit of employees not invalidated by rule against perpetuities |
| § 60-13-2 | Validity of prior trust for benefit of employees |
Terms Used In South Dakota Codified Laws > Title 60 > Chapter 13 - Employee Benefit Trusts
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Personal property: includes money, goods, chattels, things in action, and evidences of debt. See South Dakota Codified Laws 2-14-2
- Personal property: All property that is not real property.
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2