South Dakota Statutes
§ 55-1A-34 — Advance of money for protection of trust--Lien.
South Dakota § 55-1A-34
This text of South Dakota § 55-1A-34 (Advance of money for protection of trust--Lien.) 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 § 55-1A-34 (2026).
Text
A trustee may advance money for the protection of his trust or its assets, and for all expenses and liabilities sustained or incurred in or about the administration or protection of the trust, or because of the holding or ownership of any trust assets. Such trustee shall have a lien on the trust assets and may reimburse himself, with interest, out of the trust assets for the advances.
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Legislative History
SL 1979, ch 336, § 34.
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 § 55-1A-34, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-1A-34.