<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 55-1A-32.1 - Trustee immunity from liability for failure to prosecute, defend, or continue to defend. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2072608Normal { 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.s2072608SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2072608CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2072608Normal-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.s2072608DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2072608Normal-000001 { text-indent: 0.25in; 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; } p.s2072608Normal-000002 { 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.s2072608000003 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2072608SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2072608SCL-000004 { 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="s2072608Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=55-1A-32.1"><span class="s2072608SENU">55-1A-32.1</span></a><span xml:space="preserve" class="s2072608SENU">. </span><span class="s2072608CL">Trustee immunity from liability for failure to prosecute, defend, or continue to defend.</span></p><p dir="ltr" class="s2072608Normal-000000"><span class="s2072608DefaultParagraphFont">If the trustee fails to prosecute, defend, or continue to defend the trust or its assets because the conditions set forth in subdivision 55-1A-32(1) or (2) have not been fulfilled, the trustee is not liable for any such failure even if the failure, including without limitation a withdrawal from a proceeding, may result in the granting or awarding of relief against the trustee or the trust, including without limitation a distribution of trust assets in satisfaction of a claim.</span></p><p dir="ltr" class="s2072608Normal-000001"><span xml:space="preserve" class="s2072608DefaultParagraphFont">For purposes of chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=55-1A"><span class="s2072608DefaultParagraphFont">55-1A</span></a><span class="s2072608DefaultParagraphFont">, the term, prosecute, or, defend or continue to defend, means:</span></p><p dir="ltr" class="s2072608Normal-000002"><span class="s2072608DefaultParagraphFont">(1)    Instituting, participating in, intervening in or defending a lawsuit, action in equity or administrative, arbitration or mediation proceeding (collectively a proceeding); or</span></p><p dir="ltr" class="s2072608Normal-000002"><span class="s2072608DefaultParagraphFont">(2)    Taking any other action to resist such claim.</span></p><p dir="ltr" class="s2072608Normal-000001"><span xml:space="preserve" class="s2072608DefaultParagraphFont">This section and § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=55-1A-32"><span class="s2072608DefaultParagraphFont">55-1A-32</span></a><span xml:space="preserve" class="s2072608DefaultParagraphFont"> control unless the governing instrument specifically provides otherwise.</span></p><p dir="ltr" class="s2072608Normal"><span xml:space="preserve" class="s2072608000003"> </span></p><p dir="ltr" class="s2072608Normal"><span class="s2072608SCL">Source:</span><span xml:space="preserve" class="s2072608SCL-000004"> SL 2017, ch 204, § 14.</span></p></div></body></html>