South Dakota Statutes
§ 55-2-1 — Trustee's obligation of good faith.
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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South Dakota § 55-2-1 (Trustee's obligation of good faith.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
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Legislative History
SDC 1939, § 59.0106.
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
Co-enforcer appointment--Powers.