§ 55-18-21 Limitations on trustee's authority to bind beneficiary.

SD Codified L § 55-18-21 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

55-18-21. Limitations on trustee's authority to bind beneficiary. Without diminishing the powers of a trustee over the affairs of the trust or trust property, a trustee may not bind a beneficiary of the trustee's trust except as provided in subdivisions 55-18-9(5), (9), (11), and (16).

Source: SL 2017, ch 208, § 21; SL 2019, ch 209, § 10.