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Statutes > South Dakota Laws > Title 55 - FIDUCIARIES AND TRUSTS > Chapter 01A - Trustees' Powers Granted By Reference > Section 55-1A-13 - Leases by trustees.

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SOUTH DAKOTA STATUTES AND CODES

Section 55-1A-13 - Leases by trustees.

55-1A-13. Leases by trustees. A trustee may enter into a lease as lessor or lessee, with or without an option to purchase or renew, even if the term of the lease or renewal thereof, or of the option, extends beyond the term of the trust.

Source: SL 1979, ch 336, § 13.

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