South Dakota § 55-1B-1.1 Governing instrument may provide trust advisor or trust protector with powers and immunities of trustee.

South Dakota Statutes

§ 55-1B-1.1 — Governing instrument may provide trust advisor or trust protector with powers and immunities of trustee.

South Dakota § 55-1B-1.1

Title 55FIDUCIARIES AND TRUSTS

Ch. 55-1BDIRECTED TRUSTS

This text of South Dakota § 55-1B-1.1 (Governing instrument may provide trust advisor or trust protector with powers and immunities of trustee.) 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 § 55-1B-1.1 (2026).

Text

Any governing instrument providing for a trust advisor or trust protector may also provide such trust advisor or trust protector with some, none, or all of the rights, powers, privileges, benefits, immunities, or authorities available to a trustee under South Dakota law or under the governing instrument. Unless the governing instrument provides otherwise, a trust advisor or trust protector has no greater liability to any person than would a trustee holding or benefiting from the rights, powers, privileges, benefits, immunities, or authority provided or allowed by the governing instrument to such trust advisor or trust protector.

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Any governing instrument providing for a trust advisor or trust protector may also provide such trust advisor or trust protector with some, none, or all of the rights, powers, privileges, benefits, immunities, or authorities available to a trustee under South Dakota law or under the governing instrument. Unless the governing instrument provides otherwise, a trust advisor or trust protector has no greater liability to any person than would a trustee holding or benefiting from the rights, powers, privileges, benefits, immunities, or authority provided or allowed by the governing instrument to such trust advisor or trust protector.