The provisions of this chapter apply to:

(1) Any fiduciary acting under a will or power of attorney executed before, on, or after July 1, 2017;

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Terms Used In South Dakota Codified Laws 55-19-2

  • Decedent: A deceased person.
  • Fiduciary: A trustee, executor, or administrator.
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Trustee: A person or institution holding and administering property in trust.

(2) Any personal representative acting for a decedent who died before, on, or after July 1, 2017;

(3) Any conservatorship proceeding commenced before, on, or after July 1, 2017; and

(4) A trustee acting under a trust created before, on, or after July 1, 2017.

Source: SL 2017, ch 209, § 2.