South Dakota Codified Laws 55-17-12. Bona fide purchasers
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Notwithstanding anything contained in § 55-17-9 to the contrary:
(1) Notice of the existence of a South Dakota special spousal property trust, a marriage, or the termination of a marriage does not affect the status of a purchaser as a bona fide purchaser;
Terms Used In South Dakota Codified Laws 55-17-12
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
(2) Special spousal property purchased by a bona fide purchaser from a spouse having the right to manage and control the property is acquired free of any claim of the other spouse. The effect of this subsection may not be varied by a South Dakota special spousal property trust.
Source: SL 2016, ch 231, § 40.