South Dakota Statutes

§ 21-22-11 — Bond required despite terms of trust instrument.

South Dakota·Title 21 JUDICIAL REMEDIES·Ch. 21-21 ADMINISTRATION OF TRUST ESTATES
When the instrument creating the trust exempts the trustee from furnishing a bond or limits the amount thereof, or the court shall determine that the bond ordered to be filed is insufficient, the court may if it concludes that a bond be necessary or that a bond of a larger amount is necessary, require the furnishing of such bond.

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South Dakota § 21-22-11 (Bond required despite terms of trust instrument.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Supreme Court Rule, Part 3, Rule 9, September, 1923; Supreme Court Rule 248, 1939; SDC 1939, § 33.2612; Supreme Court Rule adopted February 11, 1952.

Nearby Sections

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