S.D. Codified Laws § 55-2-5

Current through the 2024 Legislative Session

Section 55-2-5 - Trustee not to assume a trust adverse to the interest of beneficiary

No trustee so long as he remains in the trust may undertake another trust adverse in its nature to the interest of his beneficiary in the subject of the trust without the consent of the latter.

SDCL 55-2-5

SDC 1939, § 59.0110.