A trustee may enter into contracts binding upon his trust which are reasonably incident to the administration of the trust and which he believes to be for the best interests of the trust.
S.D. Codified Laws § 55-1A-24
Contracts binding upon trust
Source: SL 1979, ch 336, § 24.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.