South Dakota Statutes

§ 55-2-1 — Trustee's obligation of good faith.

South Dakota § 55-2-1
JurisdictionSouth Dakota
Title 55FIDUCIARIES AND TRUSTS
Ch. 55-2DUTIES AND LIABILITIES OF TRUSTEES

This text of South Dakota § 55-2-1 (Trustee's obligation of good faith.) 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 § 55-2-1 (2026).

Text

In all matters connected with his trust a trustee is bound to act in the highest good faith toward his beneficiary and may not obtain any advantage therein over the latter by the slightest misrepresentation, concealment, threat, or adverse pressure of any kind.

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Related

Ward v. Lange
1996 SD 113 (South Dakota Supreme Court, 1996)
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In Re the Estate of Stevenson
2000 SD 24 (South Dakota Supreme Court, 2000)
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In Re the Discipline of Mattson
2002 SD 112 (South Dakota Supreme Court, 2002)
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In Re the Administration of the Florence Y. Wallbaum Revocable Living Trust Agreement
2012 S.D. 18 (South Dakota Supreme Court, 2012)
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In Re Heupel Family Revocable Trust Dated Mar. 23, 1999
2018 SD 46 (South Dakota Supreme Court, 2018)
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Willers v. Wettestad
510 N.W.2d 676 (South Dakota Supreme Court, 1994)
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Schroeder v. Herbert C. Coe Trust
437 N.W.2d 178 (South Dakota Supreme Court, 1989)
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In Re the Estate of Moncur
2012 S.D. 17 (South Dakota Supreme Court, 2012)
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Johnson v. Markve
980 N.W.2d 662 (South Dakota Supreme Court, 2022)
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2025 S.D. 11 (South Dakota Supreme Court, 2025)
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Legislative History

SDC 1939, § 59.0106.

Nearby Sections

15
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Bluebook (online)
South Dakota § 55-2-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-2-1.