Section 43-11-5 - Definition of terms--Author of power--Holder of power. - South Dakota Statutes

43-11-5. Definition of terms--Author of power--Holder of power. The author of a power as the term is used in this chapter is the person by whom a power is created, whether by grant or devise; and the holder of a power is the person in whom the power is vested, whether by grant, devise, or reservation.

Source: CivC 1877, § 299; CL 1887, § 2815; RCivC 1903, § 322; RC 1919, § 391; SDC 1939, § 59.0404.