GroundRules
SDCL § 55-4-15: Corporate trustee buying its own stock.
Where this section sits in the code
- TITLE 55. FIDUCIARIES AND TRUSTS
- CHAPTER 55-4. UNIFORM TRUSTS ACT
No corporate trustee, unless expressly authorized by the trust instrument, may purchase for a trust shares of its own stock, or its bonds, or other securities, or the stock, bonds, or other securities of an affiliate.
Collected 2026-09-03T15:18:57Z. Source file · JSON