South Dakota Codified Laws 55-19-16. Fiduciary duties
Current as of: 2023 | Check for updates
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The legal duties imposed on a fiduciary charged with managing tangible property apply to the management of digital assets, including: the duty of care, the duty of loyalty, and the duty of confidentiality.
Terms Used In South Dakota Codified Laws 55-19-16
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Fiduciary: A trustee, executor, or administrator.
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
Source: SL 2017, ch 209, § 16.