GroundRules
SDCL § 55-1A-23: Borrowing money against trust assets.
Where this section sits in the code
- TITLE 55. FIDUCIARIES AND TRUSTS
- CHAPTER 55-1A. TRUSTEES' POWERS
A trustee may borrow money, and mortgage or otherwise encumber or pledge trust assets, for a term within or extending beyond the term of his trust, in connection with the exercise of any power vested in himself.
Collected 2026-09-03T15:18:57Z. Source file · JSON