South Dakota § 55-18-15 Disclosure of conflict of interest by notifier.

South Dakota Statutes

§ 55-18-15 — Disclosure of conflict of interest by notifier.

South Dakota·Title 55 FIDUCIARIES AND TRUSTS·Ch. 55-17 VIRTUAL REPRESENTATION

Unless notice of a conflict of interest has been carried out pursuant to § 55-18-14 , if the notifier knows that a representative has a conflict of interest with respect to the matter in question, the notifier shall timely disclose the nature of the conflict of interest:

(1)In a judicial proceeding to the interested parties and the court; or (2) Otherwise, to the representative, the trustee, and, to the extent the person represented can be reasonably notified, to the person represented along with notification that that person may elect not to be bound pursuant to subdivision 55-18-4(4).

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Unless notice of a conflict of interest has been carried out pursuant to § 55-18-14 , if the notifier knows that a representative has a conflict of interest with respect to the matter in question, the notifier shall timely disclose the nature of the conflict of interest: (1) In a judicial proceeding to the interested parties and the court; or (2) Otherwise, to the representative, the trustee, and, to the extent the person represented can be reasonably notified, to the person represented along with notification that that person may elect not to be bound pursuant to subdivision 55-18-4(4).

South Dakota § 55-18-15 (Disclosure of conflict of interest by notifier.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.