Chapter 01A - Trustees' Powers Granted By Reference

SOUTH DAKOTA STATUTES AND CODES

Chapter 01A - Trustees' Powers Granted By Reference

Section 55-1A-1 - Powers enumerated in chapter apply to any trust unless specifically excluded--Powers as additional to common law powers.
Section 55-1A-2 - "Trustee" defined.
Sections 55-1A-3, 55-1A-4 - Repealed
Section 55-1A-4.1 - Repealed.
Section 55-1A-5 - Retention of trust property by trustee.
Section 55-1A-6 - Additions to trust assets.
Section 55-1A-7 - Operation of business by trustee.
Section 55-1A-8 - Acquisition of undivided interest in trust asset.
Section 55-1A-9 - Investment of trust assets.
Section 55-1A-9.1 - Affiliated investments.
Section 55-1A-10 - Deposit of trust funds in bank.
Section 55-1A-11 - Disposal of trust assets.
Section 55-1A-12 - Grant or taking of option for disposition of assets.
Section 55-1A-13 - Leases by trustees.
Section 55-1A-14 - Repairs by trustee--Removal or demolition.
Section 55-1A-15 - Razing or erection of party walls or buildings.
Section 55-1A-16 - Land development or dedication--Valuation adjustments.
Section 55-1A-17 - Mineral and natural resource leases and explorations.
Section 55-1A-18 - Insurance.
Section 55-1A-19 - Voting stock or securities--Voting trust agreements.
Section 55-1A-20 - Payment of calls, assessments, and other sums charged against corporatesecurities.
Section 55-1A-21 - Corporate powers--Stocks--Reorganizations and mergers--Sales and leases.
Section 55-1A-22 - Holding stock in nominee's name without disclosing fiduciary relationship.
Section 55-1A-23 - Borrowing money against trust assets.
Section 55-1A-24 - Contracts binding upon trust.
Section 55-1A-25 - Claims in favor of or against trust or trustee.
Section 55-1A-26 - Release of claim or lien.
Section 55-1A-27 - Payment of trust administration expenses.
Section 55-1A-28 - Creation of reserves.
Section 55-1A-29 - Payment of sum distributable to minor or other beneficiary under legaldisability--Methods.
Section 55-1A-30 - Distribution of property and money.
Section 55-1A-31 - Employment of agents and assistants.
Section 55-1A-32 - Prosecution or defense of actions and proceedings.
Section 55-1A-33 - Advance of income to beneficiaries--Lien.
Section 55-1A-34 - Advance of money for protection of trust--Lien.
Section 55-1A-35 - Execution and delivery of instruments.
Section 55-1A-36 - Holding of two or more trusts with undivided interests.
Section 55-1A-37 - Citation of chapter.
Section 55-1A-38 - Trustee may perform necessary and appropriate acts.

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Chapter 01A - Trustees' Powers Granted By Reference

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