South Dakota Codified Laws 43-9-7. Remainder upon successive estates for life
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No remainder can be created upon successive estates for life, provided for in § 43-9-6, unless such remainder is in fee; nor can a remainder be created upon such estate in a term for years unless it is for the whole residue of such term.
Terms Used In South Dakota Codified Laws 43-9-7
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
Source: CivC 1877, § 232; CL 1887, § 2748; RCivC 1903, § 255; RC 1919, § 325; SDC 1939, § 51.0416.