Effect of absolute power of disposition of estate not limited by a remainder.

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  5. Effect of absolute power of disposition of estate not limited by a remainder.

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43-11-20. Effect of absolute power of disposition of estate not limited by a remainder.

In all cases where an absolute power of disposition is given not accompanied by any trust and no remainder is limited on the estate of the holder of the power, he is entitled to an absolute fee.

Source: CivC 1877, §338; CL 1887, §2854; RCivC 1903, §361; RC 1919, §428; SDC 1939, §59.0441.


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