A trustee may deposit trust funds in a bank, including a bank operated by himself, or in a state or federal savings and loan association.
S.D. Codified Laws § 55-1A-10
Deposit of trust funds in bank
Source: SL 1979, ch 336, § 10.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.