<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 55-18-15 - Disclosure of conflict of interest by notifier. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2073038Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2073038SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2073038CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2073038Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2073038DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2073038Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2073038000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2073038SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2073038SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2073038Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=55-18-15"><span class="s2073038SENU">55-18-15</span></a><span xml:space="preserve" class="s2073038SENU">. </span><span class="s2073038CL">Disclosure of conflict of interest by notifier.</span></p><p dir="ltr" class="s2073038Normal-000000"><span xml:space="preserve" class="s2073038DefaultParagraphFont">Unless notice of a conflict of interest has been carried out pursuant to § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=55-18-14"><span class="s2073038DefaultParagraphFont">55-18-14</span></a><span class="s2073038DefaultParagraphFont">, if the notifier knows that a representative has a conflict of interest with respect to the matter in question, the notifier shall timely disclose the nature of the conflict of interest:</span></p><p dir="ltr" class="s2073038Normal-000001"><span class="s2073038DefaultParagraphFont">(1)    In a judicial proceeding to the interested parties and the court; or</span></p><p dir="ltr" class="s2073038Normal-000001"><span class="s2073038DefaultParagraphFont">(2)    Otherwise, to the representative, the trustee, and, to the extent the person represented can be reasonably notified, to the person represented along with notification that that person may elect not to be bound pursuant to subdivision 55-18-4(4).</span></p><p dir="ltr" class="s2073038Normal"><span xml:space="preserve" class="s2073038000002"> </span></p><p dir="ltr" class="s2073038Normal"><span class="s2073038SCL">Source:</span><span xml:space="preserve" class="s2073038SCL-000003"> SL 2017, ch 208, § 15; SL 2018, ch 275, § 36.</span></p></div></body></html>