There is a newer version of the South Dakota Codified Laws
2016 South Dakota Codified Laws
Title 55 - FIDUCIARIES AND TRUSTS
Chapter 01A - Trustees' Powers
§ 55-1A-33 Advance of income or loan to beneficiary--Lien.
SD Codified L § 55-1A-33 (2016) What's This?
55-1A-33. Advance of income or loan to beneficiary--Lien. A trustee may advance income or make loans out of trust property to a beneficiary on terms and conditions the trustee considers to be fair and reasonable under the circumstances, for which such advance or loan the trustee shall have a lien on the future benefits of such beneficiary.
Source: SL 1979, ch 336, § 33; SL 2011, ch 212, § 18.
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