South Dakota Codified Laws 43-11-16. Grantor may reserve power in conveyance
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The grantor in any conveyance may reserve to himself any power, beneficial or in trust, which he might lawfully grant to another; and every power thus reserved is subject to the provisions of this chapter in the same manner as if granted to another.
Terms Used In South Dakota Codified Laws 43-11-16
- Grantor: The person who establishes a trust and places property into it.
Source: CivC 1877, § 310; CL 1887, § 2826; RCivC 1903, § 333; RC 1919, § 402; SDC 1939, § 59.0415.