South Dakota Codified Laws 55-1A-31. Employment of agents and assistants
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A trustee may employ attorneys, accountants, investment advisors, agents or other persons, even if they are associated with himself, to advise or assist himself in the performance of his duties; act without independent investigation upon their recommendations; and instead of acting personally, employ one or more agents to perform any act of administration, whether or not such act is discretionary.
Terms Used In South Dakota Codified Laws 55-1A-31
- Trustee: A person or institution holding and administering property in trust.
Source: SL 1979, ch 336, § 31.