The ban on the rule against perpetuities is particularly egregious in my opinion. It serves absolutely no public good and is basically just a tool to entrench aristocracies.
Also an example of how so many of our laws are bought and paid for by the rich and powerful. My guess is that 99% of South Dakotans don't even know what a dynasty trust is, much less have a reason to own one.
Also an example of how so many of our laws are bought and paid for by the rich and powerful. My guess is that 99% of South Dakotans don't even know what a dynasty trust is, much less have a reason to own one.