Limitations on trustee's authority to bind beneficiary

Without diminishing the powers of a trustee over the affairs of the trust or trust property, a trustee may not bind a beneficiary of the trustee's trust except as provided in subdivisions 55-18-9(5), (9), (11), and (16). Source: SL 2017, ch 208, § 21; SL 2019, ch 209, § 10.