<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 55-1A-29 - Payment of sum distributable to minor or other beneficiary under legal disability--Methods. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2072604Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2072604SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2072604CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2072604Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2072604DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2072604Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2072604000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2072604SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2072604SCL-000003 { 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="s2072604Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=55-1A-29"><span class="s2072604SENU">55-1A-29</span></a><span xml:space="preserve" class="s2072604SENU">. </span><span class="s2072604CL">Payment of sum distributable to minor or other beneficiary under legal disability--Methods.</span></p><p dir="ltr" class="s2072604Normal-000000"><span class="s2072604DefaultParagraphFont">A trustee may make payment of any sum distributable to a minor or other beneficiary under legal disability, without liability to himself, by paying the sum in any one or more of the following ways:</span></p><p dir="ltr" class="s2072604Normal-000001"><span class="s2072604DefaultParagraphFont">(1)    Directly to the beneficiary;</span></p><p dir="ltr" class="s2072604Normal-000001"><span class="s2072604DefaultParagraphFont">(2)    To the conservator of the beneficiary;</span></p><p dir="ltr" class="s2072604Normal-000001"><span class="s2072604DefaultParagraphFont">(3)    Directly for the maintenance, education and general welfare of the beneficiary;</span></p><p dir="ltr" class="s2072604Normal-000001"><span class="s2072604DefaultParagraphFont">(4)    To a parent of the beneficiary; or</span></p><p dir="ltr" class="s2072604Normal-000001"><span class="s2072604DefaultParagraphFont">(5)    To anyone who has custody and care of the person of the beneficiary.</span></p><p dir="ltr" class="s2072604Normal"><span xml:space="preserve" class="s2072604000002"> </span></p><p dir="ltr" class="s2072604Normal"><span class="s2072604SCL">Source:</span><span xml:space="preserve" class="s2072604SCL-000003"> SL 1979, ch 336, § 29; SL 1993, ch 213, § 253.</span></p></div></body></html>