Statutes, codes, and regulations
South Dakota Codified Laws
Title 43 - PROPERTY
Chapter 5 - RESTRAINTS ON ALIENATION OF PROPERTY
Section 43-5-5 - Computation of period for interest or trust created under power of appointment

S.D. Codified Laws § 43-5-5

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Current through the 2024 Legislative Session
Section 43-5-5 - Computation of period for interest or trust created under power of appointment

If a future interest or trust is created by exercise of a power of appointment, the permissible period is computed from the time the power is exercised if the power is a general power including a testamentary general power or from the time the power is created if the power is not a general power.

SDCL 43-5-5

SL 1983, ch 304, § 1; SL 1993, ch 355, § 4.