South Dakota Codified Laws 55-15-14. No duty to act created
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Nothing in this chapter is intended to create or imply a duty to take any action under this chapter, and no trustee is liable for not considering whether to take any action or for choosing not to take any such action.
Terms Used In South Dakota Codified Laws 55-15-14
- Trustee: A person or institution holding and administering property in trust.
Source: SL 2002, ch 225, § 14.