SB 78 makes sweeping changes to South Dakota's trust laws by amending multiple sections governing how trusts are created, managed, and enforced, while eliminating several outdated trust-related statutes entirely. The bill substantially expands and modernizes rules for trust administration, beneficiary protections, and trust modifications, particularly through significant additions to the law governing trust duties and procedures. These changes update South Dakota's trust framework to reflect current legal practices and provide clearer guidance for trustees, beneficiaries, and courts handling trust matters.
Signed by the Governor S.J. 286
Delivered to the Governor S.J. 248
Signed by the Speaker H.J. 279
Signed by the President S.J. 229
House of Representatives Do Pass Amended Passed, YEAS 68, NAYS 0. H.J. 238
Judiciary Certified uncontested, placed on consent H.J. 2
Judiciary Do Pass Passed, YEAS 12, NAYS 0. H.J. 2
Judiciary Scheduled for hearing
First read in House and referred to House Judiciary H.J. 179
Senate Do Pass Amended Passed, YEAS 35, NAYS 0. S.J. 145
Senate Deferred to another day S.J. 137
Commerce and Energy Do Pass Amended Passed, YEAS 6, NAYS 1.
Commerce and Energy Motion to amend
Commerce and Energy Scheduled for hearing
First read in Senate and referred to Senate Commerce and Energy S.J. 65
Timothy Johns
Prime sponsor · Sen.
R
Will Mortenson
Prime sponsor · Rep.
R
Cosponsors
Do Pass Amended
Judiciary — Do Pass
Do Pass Amended
Commerce and Energy — Do Pass Amended