South Dakota Statutes
§ 55-3-7 — Trustee's power as agent.
South Dakota § 55-3-7
JurisdictionSouth Dakota
Title 55FIDUCIARIES AND TRUSTS
Ch. 55-3EXPRESS TRUSTS FOR THIRD-PARTY BENEFICIARIES
This text of South Dakota § 55-3-7 (Trustee's power as agent.) 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 § 55-3-7 (2026).
Text
A trustee is a general agent for the trust and the trust property. The trustee's authority is the authority that is conferred upon the trustee by the declaration of trust and by this chapter and none other. The trustee's acts, within the scope of the trustee's authority, bind the trust and the trust property to the same extent as the acts of an agent bind the agent's principal.
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Legislative History
SDC 1939, § 59.0209; SL 2016, ch 231, § 20.
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 § 55-3-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-3-7.