{"data":{"id":"us-sd/sdcl-55-4-1","jurisdiction":"us-sd","citation":"SDCL § 55-4-1","heading":"Definition of terms.","body":"Terms used in this chapter mean:\n(1) \"Affiliate,\" any person directly or indirectly controlling or controlled by another person, or any person under direct or indirect common control with another person. It includes any person with whom a trustee has an express or implied agreement regarding the purchase of trust investments by each from the other, directly or indirectly, except a broker or stock exchange;\n(2) \"Person,\" an individual, a corporation, a partnership, a limited liability company, an association, a joint stock company, a business trust, a trust, an unincorporated organization, or two or more persons having a joint or common interest;\n(3) \"Relative,\" a spouse, ancestor, descendant, brother, or sister;\n(4) \"Trust,\" an express trust only;\n(5) \"Trustee,\" includes trustees, a corporate as well as a natural person and a successor or substitute trustee.","path":["TITLE 55. FIDUCIARIES AND TRUSTS","CHAPTER 55-4. UNIFORM TRUSTS ACT"],"source_url":"https://sdlegislature.gov/Statutes/55-4-1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"92205cb76e18318ea329975cb894368be0cabba81be5c1a3dd6eed4f89820234","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-55-3-50","next":"us-sd/sdcl-55-4-2"},"notice":"GroundRules: Original legal text. Not legal advice."}
