{"data":{"id":"us-sd/sdcl-55-4-13","jurisdiction":"us-sd","citation":"SDCL § 55-4-13","heading":"Trustee not to buy from or sell to self--Exception.","body":"No trustee, unless expressly authorized by the trust instrument, shall directly or indirectly lease, buy or sell any property for the trust from or to itself or an affiliate; or from or to a director, officer, or employee of such trustee or of an affiliate; or from or to a relative, employer, partner, or other business associate. Notwithstanding this provision or any statute to the contrary, a trustee may lease, purchase or sell property from or to the trust he represents as trustee if specifically authorized to do so in a decedent's will or the instrument creating the trustee relationship, including the establishment of a trust service office as provided by chapter 51A-5.","path":["TITLE 55. FIDUCIARIES AND TRUSTS","CHAPTER 55-4. UNIFORM TRUSTS ACT"],"source_url":"https://sdlegislature.gov/Statutes/55-4-13","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"faa4edf51c2974d3fa14a010f35dcf3eef0bc5f89524f696c1f8d893c8dffaac","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-55-4-12","next":"us-sd/sdcl-55-4-14"},"notice":"GroundRules: Original legal text. Not legal advice."}