South Dakota Codified Laws 55-4-6. Voting of corporate stock owned by trustee
Current as of: 2023 | Check for updates
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A trustee owning corporate stock may vote it by proxy, but shall be liable for any loss resulting to the beneficiaries from a failure to use reasonable care in deciding how to vote the stock and in voting it.
Source: SL 1943, ch 308, § 8; SDC Supp 1960, § 59.0508.