South Dakota Codified Laws 43-11-9. Beneficial power defined
Current as of: 2023 | Check for updates
|
Other versions
A power is beneficial when no person other than its holder has by the terms of its creation any interest in its execution.
Terms Used In South Dakota Codified Laws 43-11-9
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
Source: CivC 1877, § 303; CL 1887, § 2819; RCivC 1903, § 326; RC 1919, § 395; SDC 1939, § 59.0408.