Section 55-4-6 - Voting of corporate stock owned by trustee

55-4-6. Voting of corporate stock owned by trustee.A trustee owning corporate stock may vote it by proxy, but shall be liable for any loss resulting to the beneficiaries from a failure to use reasonable care in deciding how to vote the stock and in voting it. Source: SL 1943, ch 308, §8; SDC Supp 1960, §59.0508.