South Dakota Statutes
§ 43-3-10 — Vested future interest defined.
A future interest is vested when there is a person in being who would have a right, defeasible or indefeasible, to the immediate possession of the property, upon the ceasing of the intermediate or precedent interest.
Free access — add to your briefcase to read the full text and ask questions with AI
South Dakota § 43-3-10 (Vested future interest defined.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Rowett v. McFarland
394 N.W.2d 298 (South Dakota Supreme Court, 1986)
Martinson v. Holso
424 N.W.2d 664 (South Dakota Supreme Court, 1988)
Smith v. Dolan
197 N.W.2d 416 (South Dakota Supreme Court, 1972)
Legislative History
CivC 1877, § 186; CL 1887, § 2702; RCivC 1903, § 209; RC 1919, § 279; SDC 1939, § 51.0217.
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Repealed§ 43-11-10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.