{"data":{"id":"us-sd/sdcl-51a-6a-63","jurisdiction":"us-sd","citation":"SDCL § 51A-6A-63","heading":"Registering investments in name of nominee--Liability of trust company.","body":"Any trust company, when acting in this state as a fiduciary or a co-fiduciary with others, may with the consent of its co-fiduciary or co-fiduciaries, if any, cause any investment held in any such capacity, to be registered and held in the name of a nominee or nominees of the trust company. The trust company is liable for the acts of any nominee with respect to any investment so registered.\nSource: SL 1995, ch 268, § 61.","path":["TITLE 51A. BANKS AND BANKING","CHAPTER 51A-6A. CREATION OF TRUST COMPANIES"],"source_url":"https://sdlegislature.gov/Statutes/51A-6A-63","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"406456d6fd4ee056e83e9e4ef2a61fb98f6f6a809b551e2d24e74d7a8bdc644d","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-51a-6a-62","next":"us-sd/sdcl-51a-6a-64"},"notice":"GroundRules: Original legal text. Not legal advice."}