South Dakota Codified Laws 43-3-18. Future interest unaffected by act of owner of intermediate or precedent interest
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No future interest can be defeated or barred by any alienation or other act of the owner of the intermediate or precedent interest, nor by any destruction of such precedent interest by forfeiture, surrender, merger, or otherwise, except as provided by § 43-3-19, or where a forfeiture is imposed by statute as a penalty for the violation thereof.
Terms Used In South Dakota Codified Laws 43-3-18
- Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
- Statute: A law passed by a legislature.
Source: CivC 1877, § 213; CL 1887, § 2729; RCivC 1903, § 236; RC 1919, § 306; SDC 1939, § 51.0230.