Statutes, codes, and regulations
South Dakota Codified Laws
Title 55 - FIDUCIARIES AND TRUSTS
Chapter 2 - DUTIES AND LIABILITIES OF TRUSTEES
Section 55-2-9 - Liability of trustee mingling trust property with his own

S.D. Codified Laws § 55-2-9

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Current through the 2024 Legislative Session
Section 55-2-9 - Liability of trustee mingling trust property with his own

A trustee who willfully and unnecessarily mingles the trust property with his own so as to constitute himself in appearance its absolute owner is liable for its safety in all events.

SDCL 55-2-9

SDC 1939, § 59.0114.