Trustees Powers

  1. Law
  2. South Dakota Codified Laws
  3. Fiduciaries and Trusts
  4. Trustees Powers

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Section
55-1A-1

Powers enumerated in chapter apply to any trust unless specifically excluded--Powers as additional to common law powers.

Section
55-1A-2

Trustee defined.

Section
55-1A-3

55-1A-3, 55-1A-4.Repealed by SL 2002, ch 100, §§11, 12

Section
55-1A-4.1

55-1A-4.1.Repealed by SL 2002, ch 100, §13

Section
55-1A-5

Retention of trust property by trustee.

Section
55-1A-6

Additions to trust assets.

Section
55-1A-7

Operation of business by trustee.

Section
55-1A-8

Acquisition of undivided interest in trust asset.

Section
55-1A-9

Investment of trust assets.

Section
55-1A-9.1

Affiliated investments.

Section
55-1A-10

Deposit of trust funds in bank.

Section
55-1A-11

Disposal of trust assets.

Section
55-1A-12

Grant or taking of option for disposition of assets.

Section
55-1A-13

Leases by trustees.

Section
55-1A-14

Repairs by trustee--Removal or demolition.

Section
55-1A-15

Razing or erection of party walls or buildings.

Section
55-1A-16

Land development or dedication--Valuation adjustments.

Section
55-1A-17

Mineral and natural resource leases and explorations.

Section
55-1A-18

Insurance.

Section
55-1A-19

Voting stock or securities--Voting trust agreements.

Section
55-1A-20

Payment of calls, assessments, and other sums charged against corporate securities.

Section
55-1A-21

Corporate powers--Stocks--Reorganizations and mergers--Sales and leases.

Section
55-1A-22

Holding stock in nominee's name without disclosing fiduciary relationship.

Section
55-1A-23

Borrowing money against trust assets.

Section
55-1A-24

Contracts binding upon trust.

Section
55-1A-25

Claims in favor of or against trust or trustee.

Section
55-1A-26

Release of claim or lien.

Section
55-1A-27

Payment of trust administration expenses.

Section
55-1A-28

Creation of reserves.

Section
55-1A-29

Payment of sum distributable to minor or other beneficiary under legal disability--Methods.

Section
55-1A-30

Distribution of property and money.

Section
55-1A-31

Employment of agents and assistants.

Section
55-1A-32

Prosecution or defense of actions and proceedings.

Section
55-1A-32.1

Trustee immunity from liability for failure to prosecute, defend, or continue to defend.

Section
55-1A-33

Advance of income or loan to beneficiary--Lien.

Section
55-1A-34

Advance of money for protection of trust--Lien.

Section
55-1A-35

Execution and delivery of instruments.

Section
55-1A-36

Holding of two or more trusts with undivided interests.

Section
55-1A-37

Citation of chapter.

Section
55-1A-38

Trustee may perform necessary and appropriate acts.

Section
55-1A-39

Disclaimer of powers by trustee--Time limit.

Section
55-1A-40

Trust name change.

Section
55-1A-41

Co-trustee appointment--Powers.