South Dakota Statutes
§ 43-11-27 — Mortgage by owner of life estate having power to make leases does not extinguish or suspend the power.
A mortgage executed by the owner of a life estate having a power to make leases by virtue of any beneficial power, does not extinguish or suspend the power, but the power is bound by the mortgage in the same manner as the real property embraced therein.
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South Dakota § 43-11-27 (Mortgage by owner of life estate having power to make leases does not extinguish or suspend the power.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
CivC 1877, § 346; CL 1887, § 2862; RCivC 1903, § 369; RC 1919, § 436; SDC 1939, § 59.0449.
Nearby Sections
15
§ 43-1-1
Property defined.§ 43-1-2
Classes of property.§ 43-1-4
Land as solid material of earth.§ 43-1-6
Law governing real property.§ 43-1-7
Law governing personal property.§ 43-10-13
Repealed§ 43-11-10
Power in trust defined.§ 43-11-11
General power in trust defined.§ 43-11-12
Special power in trust defined.§ 43-11-13
Capacity to create power.§ 43-11-14
Manner of creating power.§ 43-11-15
Vesting of power.