{"data":{"id":"us-sd/sdcl-55-7-1","jurisdiction":"us-sd","citation":"SDCL § 55-7-1","heading":"Liability of third persons dealing with trustees.","body":"One who actually and in good faith transfers any money or other property to a trustee as such is not bound to see to the application thereof; and his rights can in no way be prejudiced by a misapplication thereof by the trustee. Other persons must at their peril see to the proper application of money or other property paid or delivered by them.","path":["TITLE 55. FIDUCIARIES AND TRUSTS","CHAPTER 55-7. THIRD-PARTY RESPONSIBILITY FOR FIDUCIARY ACTS"],"source_url":"https://sdlegislature.gov/Statutes/55-7-1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"2601d69471ac448036f8f74ed7406942ed273f2ac17688a6b31cac3c84dfdc03","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-55-6-7","next":"us-sd/sdcl-55-7-2"},"notice":"GroundRules: Original legal text. Not legal advice."}