South Dakota Statutes
§ 55-4-23 — Exoneration or reimbursement of trustee for tort--Increase in value of trust property.
South Dakota § 55-4-23
This text of South Dakota § 55-4-23 (Exoneration or reimbursement of trustee for tort--Increase in value of trust 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 § 55-4-23 (2026).
Text
If a trustee commits a tort which increases the value of the trust property, he shall be entitled to exoneration or reimbursement with respect thereto to the extent of such increase in value, even though he would not otherwise be entitled to exoneration or reimbursement.
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Legislative History
SL 1943, ch 308, § 13; SDC Supp 1960, § 59.0513 (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 § 55-4-23, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-4-23.