South Dakota Codified Laws 55-3-10. Degree of care and diligence used in execution of trusts
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A trustee, whether he receives any compensation or not, must use at least ordinary care and diligence in the execution of his trust.
Terms Used In South Dakota Codified Laws 55-3-10
- Trustee: A person or institution holding and administering property in trust.
Source: SDC 1939, § 59.0205.