A trustee who uses or disposes of the trust property in any manner not authorized by the trust but in good faith and with intent to serve the interest of the beneficiary is liable only to make good whatever is lost to the beneficiary by his error.
S.D. Codified Laws § 55-2-10
Measure of liability for unauthorized use or disposal of trust property--Intent to serve interest of beneficiary
Source: SDC 1939, § 59.0115.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.