<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 59-3-11 - Exceptions to general authority--Forbidden acts. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2077413Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2077413SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2077413CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2077413Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2077413DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2077413000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2077413SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2077413SCL-000002 { 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="s2077413Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=59-3-11"><span class="s2077413SENU">59-3-11</span></a><span xml:space="preserve" class="s2077413SENU">. </span><span class="s2077413CL">Exceptions to general authority--Forbidden acts.</span></p><p dir="ltr" class="s2077413Normal-000000"><span class="s2077413DefaultParagraphFont">An authority expressed in general terms, however broad, does not authorize an agent to do any act that a trustee is forbidden to do by the law on trusts or that an agent is forbidden to do by the law on fiduciary access to digital assets.</span></p><p dir="ltr" class="s2077413Normal"><span xml:space="preserve" class="s2077413000001"> </span></p><p dir="ltr" class="s2077413Normal"><span class="s2077413SCL">Source:</span><span xml:space="preserve" class="s2077413SCL-000002"> CivC 1877, § 1361, subdiv 3; CL 1887, § 3984, subdiv 3; RCivC 1903, § 1680, subdiv 3; RC 1919, § 1262 (3); SDC 1939, § 3.0205 (3); SL 2017, ch 209, § 28.</span></p></div></body></html>