Statutes, codes, and regulations
South Dakota Codified Laws
Title 43 - PROPERTY
Chapter 5 - RESTRAINTS ON ALIENATION OF PROPERTY
Section 43-5-2 - Future interests suspending absolute power of alienation beyond prescribed limitation void

S.D. Codified Laws § 43-5-2

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Current through the 2024 Legislative Session
Section 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.

SDCL 43-5-2

CivC 1877, § 202; CL 1887, § 2718; RCivC 1903, § 225; RC 1919, § 295; SDC 1939, § 51.0232; SL 1983, ch 304, § 7.