State Codes and Statutes

Statutes > South-dakota > Title-55 > Chapter-02 > Statute-55-2-9

55-2-9. Liability of trustee mingling trust property with his own. A trustee who willfully and unnecessarily mingles the trust property with his own so as to constitute himself in appearance its absolute owner is liable for its safety in all events.

Source: SDC 1939, § 59.0114.

State Codes and Statutes

Statutes > South-dakota > Title-55 > Chapter-02 > Statute-55-2-9

55-2-9. Liability of trustee mingling trust property with his own. A trustee who willfully and unnecessarily mingles the trust property with his own so as to constitute himself in appearance its absolute owner is liable for its safety in all events.

Source: SDC 1939, § 59.0114.