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

SDCL § 55-1A-33: Advance of income or loan to beneficiary--Lien.

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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 advance income or make loans out of trust property to a beneficiary on terms and conditions the trustee considers to be fair and reasonable under the circumstances, for which such advance or loan the trustee shall have a lien on the future benefits of such beneficiary.

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

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