There is a newer version of the South Dakota Codified Laws
2006 South Dakota Code - 55-7-2 — Definition of terms.
55-7-2. Definition of terms. Terms used in §§ 55-7-2 to 55-7-15, inclusive, mean:
(1) "Bank," any person or association of
persons, whether incorporated or not, carrying on the business of
banking;
(2) "Fiduciary," any trustee under any
trust, express, implied, resulting or constructive, executor,
administrator, guardian, conservator, curator, receiver, trustee in
bankruptcy, assignee for the benefit of creditors, partner, agent,
officer of a corporation, public or private, public officer, or any
other person acting in a fiduciary capacity for any person, trust
or estate;
(3) "Person," any corporation, limited
liability company, partnership, or other association, or two or
more persons having a joint or common interest; and
(4) "Principal," any person to whom a
fiduciary as such owes an obligation.
Source: SL 1943, ch 19, § 1; SDC Supp 1960, § 6.0701 (1); SL 1994, ch 351, § 154.
Source: SL 1943, ch 19, § 1; SDC Supp 1960, § 6.0701 (1); SL 1994, ch 351, § 154.
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