Statutes > South Dakota Statutes > Title 55 - FIDUCIARIES AND TRUSTS > Chapter 01A - Trustees' Powers Granted By Reference > Section 55-1A-20 - Payment of calls, assessments, and other sums charged against corporatesecurities.

Section 55-1A-20 - Payment of calls, assessments, and other sums charged against corporatesecurities.

55-1A-20. Payment of calls, assessments, and other sums charged against corporate securities. A trustee may pay calls, assessments, and any other sums chargeable or accruing against or on account of shares of stock, bonds, debentures, or other corporate securities held in trust.

Source: SL 1979, ch 336, § 20.