Section 43-11-19 - Effect of absolute power of disposition given to person to whom no particular estate islimited--Rights of creditors, purchasers, and encumbrancers. - South Dakota Statutes

43-11-19. Effect of absolute power of disposition given to person to whom no particular estate is limited--Rights of creditors, purchasers, and encumbrancers. Where an absolute power of disposition not accompanied by any trust is given to any person to whom no particular estate is limited, such person also takes a fee subject to any future estate that may be limited thereon but absolute in favor of creditors, purchasers, and encumbrancers.

Source: CivC 1877, § 337; CL 1887, § 2853; RCivC 1903, § 360; RC 1919, § 427; SDC 1939, § 59.0440.