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SOUTH DAKOTA STATUTES AND CODES
Section 55-6-1 - Establishment of common trust funds--Bank or trust company--Purpose.
55-6-1. Establishment of common trust funds--Bank or trust company--Purpose. Any bank or trust company qualified to act as fiduciary in this state may establish common trust funds for the purpose of furnishing investments to itself as fiduciary, or to itself and others, as cofiduciaries.
Source: SL 1941, ch 20, § 1; SDC Supp 1960, § 6.0901.
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