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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 55-1A-28: Creation of reserves.

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Where this section sits in the code
  1. TITLE 55. FIDUCIARIES AND TRUSTS
  2. CHAPTER 55-1A. TRUSTEES' POWERS

A trustee may create reserves out of income for depreciation, obsolescence, or amortization, or for the depletion of mineral or timber properties.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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