The office of a trustee is vacated:

(1) By its death;

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Terms Used In South Dakota Codified Laws 55-3-16

  • Trustee: A person or institution holding and administering property in trust.

(2) By its discharge; or

(3) By its resignation.

Source: SDC 1939, § 59.0217; SL 2019, ch 209, § 1.