South Dakota Statutes
§ 55-1-13 — Voluntary trustee--Assumption of relationship.
South Dakota § 55-1-13
This text of South Dakota § 55-1-13 (Voluntary trustee--Assumption of relationship.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 55-1-13 (2026).
Text
Everyone who voluntarily assumes a relation of personal confidence with another is deemed a trustee within the meaning of this chapter and chapter 55-2 not only as to the person who reposes such confidence, but also as to all persons of whose affairs he thus acquires information which was given to such person in the like confidence or over whose affairs he, by such confidence, obtains any control.
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Legislative History
SDC 1939, § 59.0103.
Nearby Sections
15
§ 55-1-2
Trusts classified.§ 55-1-20
Trusts for noncharitable purposes.§ 55-1-21.1
Termination of trust for care of animal.§ 55-1-21.11
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Bluebook (online)
South Dakota § 55-1-13, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-1-13.