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2019 South Dakota Codified Laws
Title 51A - Banks and Banking
Chapter 05 - Trust Business Of Banks
§ 51A-5-11 Investment powers of trust company.
Universal Citation: SD Codified L § 51A-5-11 (2019)
51A-5-11. Investment powers of trust company. A bank exercising trust powers shall have the same investment powers as an individual fiduciary under like circumstances.
Source: SL 1969, ch 11, § 5.5; SL 1970, ch 265, § 38; SDCL, § 51-19-6.
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