43-11-16. Grantor may reserve power in conveyance.
The grantor in any conveyance may reserve to himself any power, beneficial or in trust, which he might lawfully grant to another; and every power thus reserved is subject to the provisions of this chapter in the same manner as if granted to another.
Source: CivC 1877, §310; CL 1887, §2826; RCivC 1903, §333; RC 1919, §402; SDC 1939, §59.0415.