Liability for bad faith demand for trust instrument.

  1. Law
  2. South Dakota Codified Laws
  3. Fiduciaries and Trusts
  4. Uniform Trusts Act
  5. Liability for bad faith demand for trust instrument.

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55-4-55. Liability for bad faith demand for trust instrument.

Any person making a demand for the trust instrument in addition to a certificate of trust or excerpts is liable for damages if the court determines that the person did not act in good faith in demanding the trust instrument.

Source: SL 2009, ch 252, §28.


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