South Dakota § 21-22-32 Title 55 governs actions of trustee as party to transaction.

South Dakota Statutes

§ 21-22-32 — Title 55 governs actions of trustee as party to transaction.

South Dakota·Title 21 JUDICIAL REMEDIES·Ch. 21-21 ADMINISTRATION OF TRUST ESTATES

Notwithstanding the application of the principles of conflict of laws to the terms of a transaction involving a trust, whether a purchase of property by, or a sale of property to, a trust administered by a qualified person in South Dakota, as defined in § 55-3-41 , the laws of this state as set forth in title 55 shall govern the actions of the trustee as a party thereto. South Dakota shall be considered the situs of the transaction.

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Notwithstanding the application of the principles of conflict of laws to the terms of a transaction involving a trust, whether a purchase of property by, or a sale of property to, a trust administered by a qualified person in South Dakota, as defined in § 55-3-41 , the laws of this state as set forth in title 55 shall govern the actions of the trustee as a party thereto. South Dakota shall be considered the situs of the transaction.

South Dakota § 21-22-32 (Title 55 governs actions of trustee as party to transaction.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.