South Dakota Clauses Relating to Venture Ownership Interests
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How to fill out Clauses Relating To Venture Ownership Interests?
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Prudent investor rule. No specific investment or course of action is, taken alone, prudent or imprudent. The trustee may invest in every kind of property and type of investment, subject to this chapter. The prudent investor rule is a test of conduct and not of resulting performance.
The states that have such laws on the books are Alaska, Arkansas, California, Connecticut, Delaware, Georgia, Idaho, Indiana, Iowa, Kentucky, Louisiana, Maryland, Massachusetts, Mississippi, Montana, Nevada, New Hampshire, New Jersey, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Dakota, ...
South Dakota's privacy statute provides for a total seal forbidding the release of trust information, including names of settlors, beneficiaries, and the contents of a trust, to the public during litigation.
Codified Laws § 25-7-15. The parent of any child under the age of ten years and any person to whom any such child has been confided for nurture or education who deserts such child in any place with intent to wholly abandon the child, is guilty of a Class 4 felony.
South Dakota SD Codified L § 25-7-27 (2017) ?Adult child's duty to support parent when necessary? defines an adult child's legal obligation to provide care to a destitute parent. Care includes ?food, clothing, shelter, and medical attendance? for a parent in need.
South Dakota Care includes ?food, clothing, shelter, and medical attendance? for a parent in need. However, in South Dakota, this adult child is legally entitled to be notified before they can be held responsible for this duty. They are also liable for contributing to their parent's care.
South Dakota law requires child support to be paid until age 18, or until the age of 19 or graduation if the child is a full-time student in a secondary school (high school), whichever occurs first.