South Dakota Codified Laws 43-11-55. Conditions existing at the time of the creation of a power determine legality
Current as of: 2023 | Check for updates
|
Other versions
No estate or interest can be given or limited to any person by an instrument in execution of a power which could not have been given or limited at the time of the creation of the power.
Terms Used In South Dakota Codified Laws 43-11-55
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
Source: CivC 1877, § 331; CL 1887, § 2847; RCivC 1903, § 354; RC 1919, § 422; SDC 1939, § 59.0435.