S.D. Codified Laws § 55-18-21

Current with legislation signed by the governor on or before 3/6/2024

Section 55-18-21 - Limitations on trustee's authority to bind beneficiary

Without diminishing the powers of a trustee over the affairs of the trust or trust property, a trustee may not bind a beneficiary of the trustee's trust except as provided in subdivisions 55-18-9(5), (9), (11), and (16).

SDCL 55-18-21

SL 2017, ch 208, §21; SL 2019, ch 209, §10.

Amended by S.L. 2019, ch. 209,s. 10, eff. 7/1/2019.

Added by S.L. 2017, ch. 208,s. 21, eff. 7/1/2017.