§ 55-1A-11 Disposal of trust assets.

SD Codified L § 55-1A-11 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

55-1A-11. Disposal of trust assets. A trustee may acquire, sell, or otherwise dispose of an asset, at public or private sale, for cash or on credit, with or without security as he deems advisable, and he may manage, develop, exchange, partition, change the character of, or abandon a trust asset or any interest therein.

Source: SL 1979, ch 336, § 11.