South Dakota Codified Laws 43-36-5. Gift in view of death–Presumption
Current as of: 2023 | Check for updates
|
Other versions
A gift made during the last illness of the giver, or under circumstances which would naturally impress him with an expectation of speedy death, is presumed to be a gift in view of death.
Terms Used In South Dakota Codified Laws 43-36-5
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
Source: CivC 1877, § 643; CL 1887, § 3264; RCivC 1903, § 957; RC 1919, § 565; SDC 1939, § 51.1509.