S.D. Codified Laws § 43-3-10

Current through the 2024 Legislative Session

Section 43-3-10 - Vested future interest defined

A future interest is vested when there is a person in being who would have a right, defeasible or indefeasible, to the immediate possession of the property, upon the ceasing of the intermediate or precedent interest.

SDCL 43-3-10

CivC 1877, § 186; CL 1887, § 2702; RCivC 1903, § 209; RC 1919, § 279; SDC 1939, § 51.0217.