S.D. Codified Laws § 55-2-9 (2026) – Liability of trustee mingling trust property with his own. | Midpage
§ 55-2-9
S.D. Codified Laws § 55-2-9 (2026)
Liability of trustee mingling trust property with his own.
SDC 1939, § 59.0114.
A trustee who willfully and unnecessarily mingles the trust property with his own so as to constitute himself in appearance its absolute owner is liable for its safety in all events.