21-22-14. Annual verified report of trustee--Optional calendar year basis.
Within one hundred twenty days after the expiration of each year from the commencement of court supervision over a trust, the trustee shall file a verified report showing in detail its receipts, disbursements, and acts during the year.
The trustee may at its election make its annual report during the first four months of any year covering its administration during the preceding year ending December thirty-first.
Source: Supreme Court Rule, Part 3, Rule 3, adopted September, 1923; Supreme Court Rule 242, 1939; SDC 1939 & Supp 1960, §33.2606; SL 2006, ch 243, §12.
Structure South Dakota Codified Laws
Chapter 22 - Administration Of Trust Estates
Section 21-22-1 - Definition of terms.
Section 21-22-2 - Application of chapter and §§ 55-3-24 to 55-3-48.
Section 21-22-3 - Inventory and documents filed by court trustee--Contents.
Section 21-22-4 - Appointment by nonresident trustee of agent to receive process.
Section 21-22-5 - County in which trustee's inventory and attached papers filed.
Section 21-22-6 - Commencement of supervision by court.
Section 21-22-7 - Petition, hearing and order dispensing with court supervision.
Section 21-22-7.1 - Notice of entry of order--Requirements.
Section 21-22-8 - Petition, hearing, and order resuming court supervision.
Section 21-22-9 - Petition, hearing, and order for court supervision of other trust--Information.
Section 21-22-11 - Bond required despite terms of trust instrument.
Section 21-22-12 - Vacancy of office of trustee--Successor--Temporary trustee--Resigned trustee.
Section 21-22-13 - Petitions relevant to trust administration--Hearing--Order.
Section 21-22-14 - Annual verified report of trustee--Optional calendar year basis.
Section 21-22-15 - Final report of trustee--Contents.
Section 21-22-16 - Objections to report of fiduciary or beneficiary--Adjournment of hearing--Order.
Section 21-22-17 - Contents of notice of hearings--Trustee's account attached.
Section 21-22-18 - Parties served with notice--Personal, mail, or electronic service.
Section 21-22-19 - Publication of notice in lieu of personal service.
Section 21-22-20 - Proof of service by affidavit.
Section 21-22-21 - Notice dispensed with by consent of parties.
Section 21-22-22 - Testimony and examination of reports--Questions considered.
Section 21-22-23 - Examination of trustee's reports by court.
Section 21-22-27 - Prior settlement and distribution decrees validated--Assertion of vested rights.
Section 21-22-28 - Protection of privacy--Sealing and availability of documents.
Section 21-22-30 - Court approval of trustee's accounting is conclusive--Accounting defined.
Section 21-22-31 - Rules of civil procedure applicable.
Section 21-22-32 - Title 55 governs actions of trustee as party to transaction.