Section 55-4-23 - Exoneration or reimbursement of trustee for tort--Increase in value of trustproperty. - South Dakota Statutes

55-4-23. Exoneration or reimbursement of trustee for tort--Increase in value of trust property. If a trustee commits a tort which increases the value of the trust property, he shall be entitled to exoneration or reimbursement with respect thereto to the extent of such increase in value, even though he would not otherwise be entitled to exoneration or reimbursement.

Source: SL 1943, ch 308, § 13; SDC Supp 1960, § 59.0513 (2).