S.D. Codified Laws § 55-2-6

Current through the 2024 Legislative Session
Section 55-2-6 - Adverse interest of trustee-Information to beneficiary-Removal of trustee

If a trustee acquires any interest or becomes charged with any duty adverse to the interest of his beneficiary in the subject of the trust, he must immediately inform the latter thereof and may be at once removed.

SDCL 55-2-6

SDC 1939, § 59.0111.