A bank exercising trust powers shall have the same investment powers as an individual fiduciary under like circumstances. Source: SL 1969, ch 11 , § 5.5; SL 1970, ch 265 , § 38; SDCL, § 51-19-6.
Investment powers of trust company
SDCL § 51A-5-11 — under TRUST BUSINESS OF BANKS.
SDCL § 51A-5-11