{"data":{"id":"us-sd/sdcl-55-2-12","jurisdiction":"us-sd","citation":"SDCL § 55-2-12","heading":"Liability and duties of successor trustee for agreements, contracts or actions of predecessor fiduciary.","body":"Unless otherwise provided in the trust agreement, a successor trustee:\n(1) Is not individually liable for actions or inactions of a predecessor fiduciary, including agreements, contracts accountings, records, distributions, investments, modifications, reformations, or other acts entered into by its predecessor fiduciary; and\n(2) Does not have a duty to:\n(a) Confirm or validate such predecessor fiduciary's actions or inactions;\n(b) Confirm the validity of the trust agreement; or\n(c) Prosecute or seek redress for any action or inaction by the predecessor fiduciary.","path":["TITLE 55. FIDUCIARIES AND TRUSTS","CHAPTER 55-2. DUTIES AND LIABILITIES OF TRUSTEES"],"source_url":"https://sdlegislature.gov/Statutes/55-2-12","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"1482d90362408c708cb07f7a355d4a5fb17ffcf1eeb35371ce98ae69cdaf2977","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-55-2-11","next":"us-sd/sdcl-55-2-13"},"notice":"GroundRules: Original legal text. Not legal advice."}
