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Section 43-10-16 - Grantee or devisee of real property subject to a trust acquires legal estate subject tothe trust.

43-10-16. Grantee or devisee of real property subject to a trust acquires legal estate subject to the trust. The grantee or devisee of real property subject to a trust acquires a legal estate in the property as against all persons except the trustees and those lawfully claiming under them.

Source: CivC 1877, § 290; CL 1887, § 2806; RCivC 1903, § 313; RC 1919, § 382; SDC 1939, § 59.0313.

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