South Dakota § 55-4-50 Co-trustee's inability or failure to perform.

South Dakota Statutes

§ 55-4-50 — Co-trustee's inability or failure to perform.

South Dakota § 55-4-50

Title 55FIDUCIARIES AND TRUSTS

Ch. 55-4UNIFORM TRUSTS ACT

This text of South Dakota § 55-4-50 (Co-trustee's inability or failure to perform.) 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 § 55-4-50 (2026).

Text

If a co-trustee is unable to perform duties because of absence, illness, disqualification under other law, or other incapacity, or fails to perform duties due to inaction or neglect, and action is necessary or appropriate under the circumstances to achieve the purposes of the trust or to avoid injury to the trust property, the remaining co-trustee or a majority of the remaining co-trustees may act for the trust.

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If a co-trustee is unable to perform duties because of absence, illness, disqualification under other law, or other incapacity, or fails to perform duties due to inaction or neglect, and action is necessary or appropriate under the circumstances to achieve the purposes of the trust or to avoid injury to the trust property, the remaining co-trustee or a majority of the remaining co-trustees may act for the trust.