{"data":{"id":"us-sd/sdcl-55-7-2","jurisdiction":"us-sd","citation":"SDCL § 55-7-2","heading":"Definition of terms.","body":"Terms used in §§ 55-7-2 to 55-7-15, inclusive, mean:\n(1) \"Bank,\" any person or association of persons, whether incorporated or not, carrying on the business of banking;\n(2) \"Fiduciary,\" any trustee under any trust, express, implied, resulting or constructive, personal representative, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or any other person acting in a fiduciary capacity for any person, trust or estate;\n(3) \"Person,\" any corporation, limited liability company, partnership, or other association, or two or more persons having a joint or common interest; and\n(4) \"Principal,\" any person to whom a fiduciary as such owes an obligation.","path":["TITLE 55. FIDUCIARIES AND TRUSTS","CHAPTER 55-7. THIRD-PARTY RESPONSIBILITY FOR FIDUCIARY ACTS"],"source_url":"https://sdlegislature.gov/Statutes/55-7-2","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"47bf709308ba2c040cb9660c44f3b31273f96126d2ee95077a719963ed0d6f8e","source_id":"us-sd","stale":false,"prev":"us-sd/sdcl-55-7-1","next":"us-sd/sdcl-55-7-3"},"notice":"GroundRules: Original legal text. Not legal advice."}