South Dakota Statutes
§ 43-6-3 — Valid limitation of future interest--Suspension of power of alienation or ownership--Right to undisposed income.
South Dakota § 43-6-3
This text of South Dakota § 43-6-3 (Valid limitation of future interest--Suspension of power of alienation or ownership--Right to undisposed income.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 43-6-3 (2026).
Text
When, in consequence of a valid limitation of future interest, there is a suspension of the power of alienation or of the ownership, during the continuation of which the income is undisposed of, and no valid direction for its accumulation is given, such income belongs to the persons presumptively entitled to the next eventual interest.
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Legislative History
CivC 1877, § 210; CL 1887, § 2726; RCivC 1903, § 233; RC 1919, § 303; SDC 1939, § 51.0303.
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Repealed§ 43-11-10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.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 43-6-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/43-6-3.