55-5-11. Circumstances considered in investment decisions.
The circumstances that the trustee may consider in making investment decisions include, without limitation, the general economic conditions, the possible effect of inflation, the expected tax consequences of investment decisions or strategies, the role each investment or course of action plays within the overall portfolio, the expected total return, including both income yield and appreciation of capital, and the duty to incur only reasonable and appropriate costs. The trustee may consider related trusts and the assets of beneficiaries when making investment decisions.
Source: SL 1995, ch 271, §11.
Structure South Dakota Codified Laws
Title 55 - Fiduciaries and Trusts
Chapter 05 - Investment And Management Powers Of Fiduciaries
Section 55-5-6 - Standards for investing and managing assets.
Section 55-5-7 - Prudent investor rule.
Section 55-5-8 - Diversification of investments.
Section 55-5-10 - Investment strategy--Productivity judged by whole portfolio.
Section 55-5-11 - Circumstances considered in investment decisions.
Section 55-5-12 - Precedence of express provisions of trust instrument.
Section 55-5-13 - Court authority over trustee.
Section 55-5-14 - Authorization language.
Section 55-5-15 - Applicability of chapter.
Section 55-5-16 - Delegation of responsibilities to others.
Section 55-5-17 - Duties of trustee with respect to life insurance--Notice to settlor.