State Codes and Statutes

Statutes > South-dakota > Title-55 > Chapter-01b > Statute-55-1b-5

55-1B-5. Excluded fiduciary's liability for loss if trust protector appointed. If an instrument appoints a trust protector, the excluded fiduciary is not liable for any loss resulting from any action taken upon such trust protector's direction.

Source: SL 1997, ch 280, § 5.

State Codes and Statutes

Statutes > South-dakota > Title-55 > Chapter-01b > Statute-55-1b-5

55-1B-5. Excluded fiduciary's liability for loss if trust protector appointed. If an instrument appoints a trust protector, the excluded fiduciary is not liable for any loss resulting from any action taken upon such trust protector's direction.

Source: SL 1997, ch 280, § 5.