State Codes and Statutes

Statutes > South-dakota > Title-55 > Chapter-03 > Statute-55-3-5

55-3-5. Trustee must obey declaration of trust. A trustee must fulfill the purposes of the trust as declared at its creation, or as subsequently amended, and must follow all the directions of the trustor given at that time, except as modified by the consent of all parties interested, and upon approval by the court.

Source: SDC 1939, § 59.0204; SL 1993, ch 355, § 5.

State Codes and Statutes

Statutes > South-dakota > Title-55 > Chapter-03 > Statute-55-3-5

55-3-5. Trustee must obey declaration of trust. A trustee must fulfill the purposes of the trust as declared at its creation, or as subsequently amended, and must follow all the directions of the trustor given at that time, except as modified by the consent of all parties interested, and upon approval by the court.

Source: SDC 1939, § 59.0204; SL 1993, ch 355, § 5.