South Dakota § 55-2-14 - Duty to provide information regarding revocable trust and its administration.
Full text of South Dakota South Dakota Codified Laws § 55-2-14 — Duty to provide information regarding revocable trust and its administration., with citation guidance and answers to common questions.
§ 55-2-14. Duty to provide information regarding revocable trust and its administration.
A trustee of a revocable trust:
(1) Subject to subdivision 3 below, shall keep the settlor reasonably informed of the trust and its administration;
(2) Unless otherwise provided in the trust instrument, does not have a duty to inform a trust beneficiary of the trust and its administration, other than the settlor or, if the trustor is an incapacitated person, the trustor's designated agent;
(3) Unless otherwise provided in the trust instrument, if the trustee obtains actual knowledge that the settlor of a revocable trust is an incapacitated person and has no designated agent, the trustee may in its sole discretion keep each interested trust beneficiary, who, if the settlor were then deceased, would be a current trust beneficiary, reasonably informed of the trust and its administration. Notwithstanding the provisions of the trust instrument, upon good cause shown, the court may order the trustee to keep other beneficiaries reasonably informed of the trust and its administration.
Source: SL 2007, ch 247, § 9.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 55-2-14
What does South Dakota Codified Laws § 55-2-14 cover?
Section 55-2-14 ("Duty to provide information regarding revocable trust and its administration.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 55-2-14?
A common citation format is "South Dakota Codified Laws § 55-2-14" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 55-2-14 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.