S.D. Codified Laws § 55-1A-23

Current with legislation signed by the governor on or before 3/6/2024
Section 55-1A-23 - Borrowing money against trust assets

A trustee may borrow money, and mortgage or otherwise encumber or pledge trust assets, for a term within or extending beyond the term of his trust, in connection with the exercise of any power vested in himself.

SDCL 55-1A-23

SL 1979, ch 336, § 23.