Liability of trustee mingling trust property with his own.

  1. Law
  2. South Dakota Codified Laws
  3. Fiduciaries and Trusts
  4. Duties And Liabilities Of Trustees
  5. Liability of trustee mingling trust property with his own.

Checkout our iOS App for a better way to browser and research.

55-2-9. Liability of trustee mingling trust property with his own.

A trustee who willfully and unnecessarily mingles the trust property with his own so as to constitute himself in appearance its absolute owner is liable for its safety in all events.

Source: SDC 1939, §59.0114.


Download our app to see the most-to-date content.