South Dakota Statutes
§ 55-4-18 — Unenforceable oral trust created by deed--Liability of trustee to settlor for transfer of real property.
South Dakota § 55-4-18
This text of South Dakota § 55-4-18 (Unenforceable oral trust created by deed--Liability of trustee to settlor for transfer of real property.) 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 § 55-4-18 (2026).
Text
Where the intended trustee has transferred part or all of his interest and it has come into the hands of a bona fide purchaser, the intended trustee shall be liable to the settlor or his successor in interest for the value of the interest thus transferred at the time of its transfer, less such offsets as the court may deem equitable.
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Legislative History
SL 1943, ch 308, § 16; SDC Supp 1960, § 59.0516 (2).
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 § 55-4-18, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-4-18.