There is a newer version of the South Dakota Codified Laws
2006 South Dakota Code - 55-5-10 — Investment strategy--Productivity judged by whole portfolio.
55-5-10. Investment strategy--Productivity judged by whole portfolio. The trustee shall pursue an investment strategy that considers both the reasonable production of income and safety of capital, consistent with the trustee's duty of impartiality and the purpose of the trust. Whether investments are underproductive or overproductive of income shall be judged by the portfolio as a whole and not as to any particular asset.Source: SL 1995, ch 271, § 10.
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.
