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

SDCL § 55-1A-5: Retention of trust property by trustee.

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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 collect, hold, and retain trust assets until, in his judgment, disposition of the assets should be made, without regard to any effect the retention may have upon the diversification of the trust estate. Trust property may be retained even though it includes an asset in which its trustee is personally interested.

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

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