Limitations on trustee's authority to bind beneficiary.

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55-18-21. Limitations on trustee's authority to bind beneficiary.

Without diminishing the powers of a trustee over the affairs of the trust or trust property, a trustee may not bind a beneficiary of the trustee's trust except as provided in subdivisions 55-18-9(5), (9), (11), and (16).

Source: SL 2017, ch 208, §21; SL 2019, ch 209, §10.


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