Trustee's obligation of good faith
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SD Code › Title 55 › Chapter 2 › Section 55-2-1
This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.
Text
In all matters connected with his trust a trustee is bound to act in the highest good faith toward his beneficiary and may not obtain any advantage therein over the latter by the slightest misrepresentation, concealment, threat, or adverse pressure of any kind.
Source: SDC 1939, § 59.0106.
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