{"data":{"id":"us-sd/sdcl-55-3-11","jurisdiction":"us-sd","citation":"SDCL § 55-3-11","heading":"Investment of money by trustee--Interest, simple or compound, on omission to invest trust moneys.","body":"A trustee must invest money received by him under the trust, as fast as he collects a sufficient amount, in such manner as to afford reasonable security and interest for the same.\nIf he fails so to do, he must pay simple interest thereon if such omission is merely negligent, and compound interest thereon if it is willful.","path":["TITLE 55. FIDUCIARIES AND TRUSTS","CHAPTER 55-3. EXPRESS TRUSTS FOR THIRD-PARTY BENEFICIARIES"],"source_url":"https://sdlegislature.gov/Statutes/55-3-11","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"f63eb01fab9b092b26548a0470ddc859efac1b77452673296b0b030eb8e0fada","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-55-3-10","next":"us-sd/sdcl-55-3-12"},"notice":"GroundRules: Original legal text. Not legal advice."}