SDCL § 43-6-3: Valid limitation of future interest--Suspension of power of alienation or ownership--Right to undisposed income.
Where this section sits in the code
- TITLE 43. PROPERTY
- CHAPTER 43-6. ACCUMULATIONS OF INCOME OF PROPERTY
When, in consequence of a valid limitation of future interest, there is a suspension of the power of alienation or of the ownership, during the continuation of which the income is undisposed of, and no valid direction for its accumulation is given, such income belongs to the persons presumptively entitled to the next eventual interest.
Collected 2026-09-03T15:18:57Z. Source file · JSON