2006 South Dakota Code - 55-3-10 — Degree of care and diligence used in execution of trusts.

     55-3-10.   Degree of care and diligence used in execution of trusts. A trustee, whether he receives any compensation or not, must use at least ordinary care and diligence in the execution of his trust.

Source: SDC 1939, § 59.0205.

Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.