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2023 South Dakota Codified Laws
Title 55 - Fiduciaries and Trusts
Chapter 05 - Investment And Management Powers Of Fiduciaries
- Section 55-5-1 - 55-5-1 to 55-5-5.Repealed by SL 1995, ch 271, ยงยง1 to 5
- Section 55-5-6 - Standards for investing and managing assets.
- Section 55-5-7 - Prudent investor rule.
- Section 55-5-8 - Diversification of investments.
- Section 55-5-9 - Review of assets upon acceptance of trusteeship--Basis for disposition or retention of assets--Interest in closely held entity.
- Section 55-5-10 - Investment strategy--Productivity judged by whole portfolio.
- Section 55-5-11 - Circumstances considered in investment decisions.
- Section 55-5-12 - Precedence of express provisions of trust instrument.
- Section 55-5-13 - Court authority over trustee.
- Section 55-5-14 - Authorization language.
- Section 55-5-15 - Applicability of chapter.
- Section 55-5-16 - Delegation of responsibilities to others.
- Section 55-5-17 - Duties of trustee with respect to life insurance--Notice to settlor.
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