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South Dakota · Through 2026-08-31

SDCL § 55-2-10: Measure of liability for unauthorized use or disposal of trust property--Intent to serve interest of beneficiary.

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Where this section sits in the code
  1. TITLE 55. FIDUCIARIES AND TRUSTS
  2. CHAPTER 55-2. DUTIES AND LIABILITIES OF TRUSTEES

A trustee who uses or disposes of the trust property in any manner not authorized by the trust but in good faith and with intent to serve the interest of the beneficiary is liable only to make good whatever is lost to the beneficiary by his error.

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

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