South Dakota Statutes
§ 43-5-2 — Future interests suspending absolute power of alienation beyond prescribed limitation void.
Every future interest is void which suspends the absolute power of alienation for a longer period than is prescribed in this code. A power of alienation is suspended when there are no persons in being by whom an absolute interest in possession can be conveyed.
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South Dakota § 43-5-2 (Future interests suspending absolute power of alienation beyond prescribed limitation void.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
CivC 1877, § 202; CL 1887, § 2718; RCivC 1903, § 225; RC 1919, § 295; SDC 1939, § 51.0232; SL 1983, ch 304, § 7.
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Repealed§ 43-11-10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.