A trustee may perform such other acts, which, in the judgment of the trustee, may be necessary or appropriate for the proper management, investment, and distribution of the trust estate.
S.D. Codified Laws § 55-1A-38
Trustee may perform necessary and appropriate acts
Applied in 1 court decision — leading case SBS Financial Services, Inc. v. Plouf Family Trust (2012)
Most recently applied in SBS Financial Services, Inc. v. Plouf Family Trust (October 2012)
Source: SL 1998, ch 282, § 37.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.