South Dakota Statutes
§ 55-4-26 — Tort liability of trust estate--Action against trustee, proof as to reimbursement unnecessary.
In an action against the trustee in his representative capacity under § 55-4-25 the plaintiff need not prove that the trustee could have secured reimbursement from the trust fund if he had paid the plaintiff's claim.
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South Dakota § 55-4-26 (Tort liability of trust estate--Action against trustee, proof as to reimbursement unnecessary.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1943, ch 308, § 14; SDC Supp 1960, § 59.0514 (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
Co-enforcer appointment--Powers.