§ 51A-5-11 Investment powers of trust company.

SD Codified L § 51A-5-11 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

51A-5-11. Investment powers of trust company. A bank exercising trust powers shall have the same investment powers as an individual fiduciary under like circumstances.

Source: SL 1969, ch 11, § 5.5; SL 1970, ch 265, § 38; SDCL, § 51-19-6.