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Statutes > South Dakota Laws > Title 55 - FIDUCIARIES AND TRUSTS > Chapter 03 - Express Trusts For Third-Party Beneficiaries > Section 55-3-15 - Implied trustee--No rights to compensation or repayment of expenses.

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SOUTH DAKOTA STATUTES AND CODES

Section 55-3-15 - Implied trustee--No rights to compensation or repayment of expenses.

55-3-15. Implied trustee--No rights to compensation or repayment of expenses. The trustee of an implied trust who becomes such through his own fault has none of the rights to compensation or repayment of expense prescribed in §§ 55-3-13 and 55-3-14.

Source: SDC 1939, § 59.0214.

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