{"data":{"id":"us-sd/sdcl-55-6-1","jurisdiction":"us-sd","citation":"SDCL § 55-6-1","heading":"Establishment and maintenance of common trust funds and collective investment funds--Purpose.","body":"Any bank or trust company qualified to act as fiduciary in this state may establish common trust funds or collective investment funds for the purpose of furnishing investments to itself as fiduciary, or to itself and others, as cofiduciaries.\nAny common trust fund or collective investment fund authorized by this chapter shall be established and maintained in accordance with 12 C.F.R. 9.18 as of January 1, 2011.","path":["TITLE 55. FIDUCIARIES AND TRUSTS","CHAPTER 55-6. COMMON TRUST FUNDS AND COLLECTIVE INVESTMENT FUNDS"],"source_url":"https://sdlegislature.gov/Statutes/55-6-1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"725b1ef9052e71babb0fb0ce42873e67ba911bf9f25ad77b1faa9764e3857aa0","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-55-5a-2","next":"us-sd/sdcl-55-6-1.1"},"notice":"GroundRules: Original legal text. Not legal advice."}