South Dakota
Title 55 · Chapter 55-2
25 entries
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55-2-1. Trustee's obligation of good faith.
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55-2-2. Trustee not to use property for his own benefit--Profit of trustee from use of property, extent of liability.
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55-2-3. Transactions involving interest of trustee adverse to beneficiary prohibited--Exceptions.
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55-2-4. Trustee's influence not to be used for his advantage.
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55-2-5. Trustee not to assume a trust adverse to the interest of beneficiary.
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55-2-6. Adverse interest of trustee--Information to beneficiary--Removal of trustee.
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55-2-7. Fraud against beneficiary of trust.
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55-2-8. Presumption against trustee.
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55-2-9. Liability of trustee mingling trust property with his own.
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55-2-10. Measure of liability for unauthorized use or disposal of trust property--Intent to serve interest of beneficiary.
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55-2-11. Liability for acts of cotrustee.
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55-2-12. Liability and duties of successor trustee for agreements, contracts or actions of predecessor fiduciary.
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55-2-13. Notice to qualified beneficiaries of existence of trust--Written directions--Variation of right of a beneficiary to be informed--Confidentiality of trust information.
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55-2-13.1. Information to be provided to excluded fiduciaries--Liability limits of trustee.
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55-2-14. Duty to provide information regarding revocable trust and its administration.
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55-2-15. Trustee authorized to distribute income or principal from first trust may appoint all or part in favor of trustee of second trust--Restrictions--Power of appointment to beneficiary of second trust.
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55-2-16. Action that may not be taken by restricted trustee may be taken by another unrestricted trustee.
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55-2-17. Conditions under which beneficiary has power to change trustees.
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55-2-18. Exercise of power to distribute income or principal by written instrument--Notice to beneficiaries of first trust.
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55-2-19. Exercise of power to distribute income or principal considered exercise of power of appointment.
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55-2-20. Impermissible use of power.
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55-2-21. Trustee's right to distribute income or principal in trust arising under law or terms of first trust not abridged.
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55-2-22. Fiduciary duty to determine that substituted property is of equivalent value.
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55-2-23. Excluded fiduciaries and trustees--Reliance on tax information--Applicability.
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55-2-24. Notice to beneficiaries and other interested parties.