South Dakota Codified Laws 43-11-8. Special power defined
Current as of: 2023 | Check for updates
|
Other versions
A power is special:
(1) When a person or class of persons is designated, to whom the disposition of property under the power is to be made; or
Terms Used In South Dakota Codified Laws 43-11-8
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
(2) When it authorizes the alienation or encumbrance, by means of a grant, will, or charge, of only an estate less than a fee.
Source: CivC 1877, § 302; CL 1887, § 2818; RCivC 1903, § 325; RC 1919, § 394; SDC 1939, § 59.0407.