A trustee may subdivide, develop or dedicate land to public use; make or obtain the vacation of plats and adjust boundaries; adjust differences in valuation on the exchange or partition of land by giving or receiving consideration; or dedicate easements to public use without consideration.

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Terms Used In South Dakota Codified Laws 55-1A-16

  • Trustee: A person or institution holding and administering property in trust.

Source: SL 1979, ch 336, § 16.

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