South Dakota Codified Laws 55-3-15. Implied trustee–No rights to compensation or repayment of expenses
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The trustee of an implied trust who becomes such through his own fault has none of the rights to compensation or repayment of expense prescribed in §§ 55-3-13 and 55-3-14.
Terms Used In South Dakota Codified Laws 55-3-15
- Trustee: A person or institution holding and administering property in trust.
Source: SDC 1939, § 59.0214.