South Dakota Codified Laws 55-4-55. Liability for bad faith demand for trust instrument
Current as of: 2023 | Check for updates
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Any person making a demand for the trust instrument in addition to a certificate of trust or excerpts is liable for damages if the court determines that the person did not act in good faith in demanding the trust instrument.
Terms Used In South Dakota Codified Laws 55-4-55
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
Source: SL 2009, ch 252, § 28.