55-2-1. Trustee's obligation of good faith.
43 words·~1 min read·
/sd/title-55/chapter-55-2/55-2-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In all matters connected with his trust a trustee is bound to act in the highest good faith toward his beneficiary and may not obtain any advantage therein over the latter by the slightest misrepresentation, concealment, threat, or adverse pressure of any kind.