A trustee may pay calls, assessments, and any other sums chargeable or accruing against or on account of shares of stock, bonds, debentures, or other corporate securities held in trust.
S.D. Codified Laws § 55-1A-20
Payment of calls, assessments, and other sums charged against corporate securities
Source: SL 1979, ch 336, § 20.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.