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

SDCL § 55-2-16: Action that may not be taken by restricted trustee may be taken by another unrestricted trustee.

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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

Any action that may not be taken by a trustee of the first trust by reason of the restrictions in subdivision 55-2-15(2) may instead be taken by any other trustee of the first trust who is not so restricted, or, if none, by the next available party who can be a successor trustee and who is not so restricted. The second trust may be a trust created or administered under the laws of any jurisdiction, within or without the United States.

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

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