{"data":{"id":"us-sd/sdcl-55-4-10","jurisdiction":"us-sd","citation":"SDCL § 55-4-10","heading":"Loan of trust funds.","body":"Except as provided in §§ 55-4-11 and 55-4-12, or except as may be expressly authorized by a court order, by the written consent of all qualified beneficiaries which may be given notwithstanding the provisions of § 55-4-31, by the written authorization from or direction by a trust protector, or by the terms of the governing instrument, which may be given by the settlor notwithstanding the provisions of § 55-4-30:\n(1) No corporate trustee may lend trust funds to itself or an affiliate, or to any director, officer, or employee of itself or of an affiliate;\n(2) No noncorporate trustee may lend trust funds to himself or herself, or to any relative, employer, employee, partner, or other business associate.","path":["TITLE 55. FIDUCIARIES AND TRUSTS","CHAPTER 55-4. UNIFORM TRUSTS ACT"],"source_url":"https://sdlegislature.gov/Statutes/55-4-10","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"cc6f787c429a326434efe587bff7d8aed40aeef99442c514e7a58f73507cb36a","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-55-4-9","next":"us-sd/sdcl-55-4-11"},"notice":"GroundRules: Original legal text. Not legal advice."}