Chapter
DUTIES AND LIABILITIES OF TRUSTEES
- S.D. Codified Laws § 55-2-1— Trustee's obligation of good faith
- S.D. Codified Laws § 55-2-2— Trustee not to use property for his own benefit--Profit of trustee from use of property, extent of liability
- S.D. Codified Laws § 55-2-3— Transactions involving interest of trustee adverse to beneficiary prohibited--Exceptions
- S.D. Codified Laws § 55-2-4— Trustee's influence not to be used for his advantage
- S.D. Codified Laws § 55-2-5— Trustee not to assume a trust adverse to the interest of beneficiary
- S.D. Codified Laws § 55-2-6— Adverse interest of trustee--Information to beneficiary--Removal of trustee
- S.D. Codified Laws § 55-2-7— Fraud against beneficiary of trust
- S.D. Codified Laws § 55-2-8— Presumption against trustee
- S.D. Codified Laws § 55-2-9— Liability of trustee mingling trust property with his own
- S.D. Codified Laws § 55-2-10— Measure of liability for unauthorized use or disposal of trust property--Intent to serve interest of beneficiary
- S.D. Codified Laws § 55-2-11— Liability for acts of cotrustee
- S.D. Codified Laws § 55-2-12— Liability and duties of successor trustee for agreements, contracts or actions of predecessor fiduciary
- S.D. Codified Laws § 55-2-13— Notice to qualified beneficiaries of existence of trust--Written directions--Variation of right of a beneficiary to be informed--Confidentiality of trust information
- S.D. Codified Laws § 55-2-13.1— Information to be provided to excluded fiduciaries--Liability limits of trustee
- S.D. Codified Laws § 55-2-14— Duty to provide information regarding revocable trust and its administration
- S.D. Codified Laws § 55-2-15— Trustee authorized to distribute income or principal from first trust may appoint all or part in favor of trustee of second trust--Restrictions--Power of appointment to beneficiary of second trust
- S.D. Codified Laws § 55-2-16— Action that may not be taken by restricted trustee may be taken by another unrestricted trustee
- S.D. Codified Laws § 55-2-17— Conditions under which beneficiary has power to change trustees
- S.D. Codified Laws § 55-2-18— Exercise of power to distribute income or principal by written instrument--Notice to beneficiaries of first trust
- S.D. Codified Laws § 55-2-19— Exercise of power to distribute income or principal considered exercise of power of appointment
- S.D. Codified Laws § 55-2-20— Impermissible use of power
- S.D. Codified Laws § 55-2-21— Trustee's right to distribute income or principal in trust arising under law or terms of first trust not abridged
- S.D. Codified Laws § 55-2-22— Fiduciary duty to determine that substituted property is of equivalent value
- S.D. Codified Laws § 55-2-23— Excluded fiduciaries and trustees--Reliance on tax information--Applicability
- S.D. Codified Laws § 55-2-24— Notice to beneficiaries and other interested parties