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Code · South Dakota · Title 55 · Chapter 55-1

55-1A-33. Advance of income or loan to beneficiary--Lien.

49 words·~1 min read·/sd/title-55/chapter-55-1/55-1a-33

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A trustee may advance income or make loans out of trust property to a beneficiary on terms and conditions the trustee considers to be fair and reasonable under the circumstances, for which such advance or loan the trustee shall have a lien on the future benefits of such beneficiary.
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