Statutes > South Dakota Statutes > Title 43 - PROPERTY > Chapter 10 - Real Property Trusts > Section 43-10-19 - Estate of trustee ceases when purpose of trust accomplished.

Section 43-10-19 - Estate of trustee ceases when purpose of trust accomplished.

43-10-19. Estate of trustee ceases when purpose of trust accomplished. When the purpose for which an express trust was created ceases, the estate of the trustee also ceases.

Source: CivC 1877, § 295; CL 1887, § 2811; RCivC 1903, § 318; RC 1919, § 387; SDC 1939, § 59.0317.