"Trustee" construed broadly
Known as the Uniform Trusts Act
The act spans §§ 55–55 (57 sections).
Source: SL 2000, ch 229, § 5.
"Trustee" construed broadly.
The reference to trustee in § 55-4-38 includes any person who is deemed to have any power of a trustee, whether because such person has the right to remove or replace any trustee, or because a reciprocal trust or power doctrine applies, or otherwise.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.