Statutes > South Dakota Statutes > Title 51A - BANKS AND BANKING > Chapter 05 - Trust Business Of Banks > Section 51A-5-19 - Oath or bond not required of bank to qualify as fiduciary.

Section 51A-5-19 - Oath or bond not required of bank to qualify as fiduciary.

51A-5-19. Oath or bond not required of bank to qualify as fiduciary. No oath or bond shall be required of a bank to qualify upon appointment as a fiduciary unless the instrument creating a fiduciary position expressly provides otherwise.

Source: SL 1969, ch 11, § 5.8; SDCL, § 51-19-9.