Section 43-5-1 - Absolute power of alienation--Suspension--Limitation. - South Dakota Statutes

43-5-1. Absolute power of alienation--Suspension--Limitation. The absolute power of alienation may not be suspended by any limitation or condition whatever for a longer period than during the continuance of the lives of persons in being plus a period of thirty years at the creation of the limitation or condition, except in the single case mentioned in § 43-9-5 relating to contingent fee remainder on a prior fee remainder.

Source: CivC 1877, § 201; CL 1887, § 2717; RCivC 1903, § 224; RC 1919, § 294; SDC 1939, § 51.0231; SL 1983, ch 304, § 6.