South Dakota Codified Laws 43-4-7. Grant takes effect upon delivery by grantor–Presumption as to delivery
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A grant takes effect so as to vest the interest intended to be transferred only upon its delivery by the grantor.
A grant duly executed is presumed to have been delivered at its date.
Terms Used In South Dakota Codified Laws 43-4-7
- Grantor: The person who establishes a trust and places property into it.
Source: CivC 1877, §§ 606, 607; CL 1887, §§ 3229, 3230; RCivC 1903, §§ 922, 923; RC 1919, §§ 524, 525; SDC 1939, § 51.1304.