Trust property is not subject to the personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt. Source: SL 2007, ch 280 , § 6.
SDCL § 55-1-29 — under CLASSIFICATION AND CREATION OF TRUSTS.
SDCL § 55-1-29
Trust property is not subject to the personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt. Source: SL 2007, ch 280 , § 6.