Number of trustees for exercise of powers.
Unless it is otherwise provided by the
trust instrument, or an amendment thereof, or by court order, any power vested in three or more
trustees may be exercised by a majority of such trustees and any power vested in two trustees shall
be exercised by both of such trustees.
Source: SL 1943, ch 308, § 11; SDC Supp 1960, § 59.0511 (1); SL 2011, ch 212, § 14.