<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 55-1-52 - Interest on general pecuniary devises. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2072566Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2072566SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2072566CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2072566Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2072566DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2072566000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2072566SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2072566SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2072566Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=55-1-52"><span class="s2072566SENU">55-1-52</span></a><span xml:space="preserve" class="s2072566SENU">. </span><span class="s2072566CL">Interest on general pecuniary devises.</span></p><p dir="ltr" class="s2072566Normal-000000"><span xml:space="preserve" class="s2072566DefaultParagraphFont">General pecuniary devises bear interest at the Category B rate of interest as provided in § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=54-3-16"><span class="s2072566DefaultParagraphFont">54-3-16</span></a><span xml:space="preserve" class="s2072566DefaultParagraphFont"> beginning one year after the event requiring a distribution until payment, unless a contrary intent is indicated by the terms of the trust.</span></p><p dir="ltr" class="s2072566Normal"><span xml:space="preserve" class="s2072566000001"> </span></p><p dir="ltr" class="s2072566Normal"><span class="s2072566SCL">Source:</span><span xml:space="preserve" class="s2072566SCL-000002"> SL 2013, ch 239, § 15.</span></p></div></body></html>