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S.D. Codified Laws § 55-1B-5

Excluded fiduciary's liability for loss if trust protector appointed

Source: SL 1997, ch 280, § 5.

If an instrument appoints a trust protector, the excluded fiduciary is not liable for any loss resulting from any action taken upon such trust protector's direction.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.