S.D. Codified Laws § 55-9-8

Current through the 2024 Legislative Session
Section 55-9-8 - Self-dealing by trustee prohibited

The trustee of a trust described in § 55-9-7 shall not engage in any act of self-dealing which would give rise to any liability for the tax imposed by section 4941 (a) of the Internal Revenue Code.

SDCL 55-9-8

SL 1972, ch 259, § 2 (2).