State Codes and Statutes

Statutes > South-dakota > Title-55 > Chapter-03 > Statute-55-3-13

55-3-13. Expenses incurred by trustee in performance of trust--Reimbursement. A trustee is entitled to the repayment, out of the trust property, of all expenses actually and properly incurred by him in the performance of his trust. He is entitled to the repayment of even unlawful expenditures, if they were productive of actual benefit to the estate.

Source: SDC 1939, § 59.0212.

State Codes and Statutes

Statutes > South-dakota > Title-55 > Chapter-03 > Statute-55-3-13

55-3-13. Expenses incurred by trustee in performance of trust--Reimbursement. A trustee is entitled to the repayment, out of the trust property, of all expenses actually and properly incurred by him in the performance of his trust. He is entitled to the repayment of even unlawful expenditures, if they were productive of actual benefit to the estate.

Source: SDC 1939, § 59.0212.