Trust property not subject to personal obligations of trustee.

  1. Law
  2. South Dakota Codified Laws
  3. Fiduciaries and Trusts
  4. Classification And Creation Of Trusts
  5. Trust property not subject to personal obligations of trustee.

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55-1-29. Trust property not subject to personal obligations of trustee.

Trust property is not subject to the personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt.

Source: SL 2007, ch 280, §6.


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