There is a newer version of the South Dakota Codified Laws
2012 South Dakota Codified Laws
Title 55 FIDUCIARIES AND TRUSTS
Chapter 01A. Trustees' Powers Granted By Reference
- §55-1A-1 Powers enumerated in chapter apply to any trust unless specifically excluded--Powers as additional to common law powers.
- §55-1A-2 Trustee defined.
- §55-1A-3, 55-1A-4. Repealed.
- §55-1A-4.1 Repealed.
- §55-1A-5 Retention of trust property by trustee.
- §55-1A-6 Additions to trust assets.
- §55-1A-7 Operation of business by trustee.
- §55-1A-8 Acquisition of undivided interest in trust asset.
- §55-1A-9 Investment of trust assets.
- §55-1A-9.1 Affiliated investments.
- §55-1A-10 Deposit of trust funds in bank.
- §55-1A-11 Disposal of trust assets.
- §55-1A-12 Grant or taking of option for disposition of assets.
- §55-1A-13 Leases by trustees.
- §55-1A-14 Repairs by trustee--Removal or demolition.
- §55-1A-15 Razing or erection of party walls or buildings.
- §55-1A-16 Land development or dedication--Valuation adjustments.
- §55-1A-17 Mineral and natural resource leases and explorations.
- §55-1A-18 Insurance.
- §55-1A-19 Voting stock or securities--Voting trust agreements.
- §55-1A-20 Payment of calls, assessments, and other sums charged against corporate securities.
- §55-1A-21 Corporate powers--Stocks--Reorganizations and mergers--Sales and leases.
- §55-1A-22 Holding stock in nominee's name without disclosing fiduciary relationship.
- §55-1A-23 Borrowing money against trust assets.
- §55-1A-24 Contracts binding upon trust.
- §55-1A-25 Claims in favor of or against trust or trustee.
- §55-1A-26 Release of claim or lien.
- §55-1A-27 Payment of trust administration expenses.
- §55-1A-28 Creation of reserves.
- §55-1A-29 Payment of sum distributable to minor or other beneficiary under legal disability--Methods.
- §55-1A-30 Distribution of property and money.
- §55-1A-31 Employment of agents and assistants.
- §55-1A-32 Prosecution or defense of actions and proceedings.
- §55-1A-33 Advance of income or loan to beneficiary--Lien.
- §55-1A-34 Advance of money for protection of trust--Lien.
- §55-1A-35 Execution and delivery of instruments.
- §55-1A-36 Holding of two or more trusts with undivided interests.
- §55-1A-37 Citation of chapter.
- §55-1A-38 Trustee may perform necessary and appropriate acts.
- §55-1A-39 Disclaimer of powers by trustee--Time limit.
- §55-1A-40 Trust name change.
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