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Code · South Dakota · Title 43 · Chapter 43-11

43-11-18. Effect of absolute power of disposition given to life tenant or tenant for years--Rights of creditors, purchasers, or encumbrancers.

67 words·~1 min read·/sd/title-43/chapter-43-11/43-11-18·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Where an absolute power of disposition not accompanied by any trust is given to the owner of a particular estate for life or years, such estate is changed into a fee, absolute in favor of creditors, purchasers, or encumbrancers, but subject to any future estates limited thereon in case the power should not be executed or the property should not be sold for the satisfaction of debts.
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