South Dakota Codified Laws 43-36-6. Gift in view of death–Revocation–Rights of bona fide purchaser protected
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A gift in view of death may be revoked by the giver at any time, and is revoked by his recovery from the illness, or escape from the peril, under the presence of which it was made, or by the occurrence of any event which would operate as a revocation of a will made at the same time; but when the gift has been delivered to the donee, the rights of a bona fide purchaser from the donee before the revocation shall not be affected by the revocation.
Terms Used In South Dakota Codified Laws 43-36-6
- Donee: The recipient of a gift.
- 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, § 644; CL 1887, § 3265; RCivC 1903, § 958; RC 1919, § 566; SDC 1939, § 51.1510.