S.D. Codified Laws § 55-2-1

Current through the 2024 Legislative Session
Section 55-2-1 - Trustee's obligation of good faith

In all matters connected with his trust a trustee is bound to act in the highest good faith toward his beneficiary and may not obtain any advantage therein over the latter by the slightest misrepresentation, concealment, threat, or adverse pressure of any kind.

SDCL 55-2-1

SDC 1939, § 59.0106.