55-4-6. Voting of corporate stock owned by trustee.
39 words·~1 min read·
/sd/title-55/chapter-55-4/55-4-6A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A trustee owning corporate stock may vote it by proxy, but shall be liable for any loss resulting to the beneficiaries from a failure to use reasonable care in deciding how to vote the stock and in voting it.