South Dakota Statutes
§ 55-7-3 — A thing done "in good faith" defined.
South Dakota § 55-7-3
JurisdictionSouth Dakota
Title 55FIDUCIARIES AND TRUSTS
Ch. 55-7THIRD-PARTY RESPONSIBILITY FOR FIDUCIARY ACTS
This text of South Dakota § 55-7-3 (A thing done "in good faith" defined.) 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 § 55-7-3 (2026).
Text
A thing is done "in good faith" within the meaning of §§ 55-7-2 to 55-7-15 , inclusive, when it is in fact done honestly, whether it be done negligently or not.
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Related
Smith v. Halverson
273 N.W.2d 146 (South Dakota Supreme Court, 1978)
B.W. v. Meade County
534 N.W.2d 595 (South Dakota Supreme Court, 1995)
Legislative History
SL 1943, ch 19, § 1; SDC Supp 1960, § 6.0701 (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 § 55-7-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/55-7-3.