A trustee may acquire an undivided interest in a trust asset in which he, in any trust capacity, holds an undivided interest.
S.D. Codified Laws § 55-1A-8
Acquisition of undivided interest in trust asset
Source: SL 1979, ch 336, § 8.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.