Statutes > South Dakota Statutes > Title 55 - FIDUCIARIES AND TRUSTS > Chapter 02 - Duties And Liabilities Of Trustees > Section 55-2-9 - Liability of trustee mingling trust property with his own.

Section 55-2-9 - Liability of trustee mingling trust property with his own.

55-2-9. Liability of trustee mingling trust property with his own. 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.

Source: SDC 1939, § 59.0114.