43-11-55. Conditions existing at the time of the creation of a power determine legality.
No estate or interest can be given or limited to any person by an instrument in execution of a power which could not have been given or limited at the time of the creation of the power.
Source: CivC 1877, §331; CL 1887, §2847; RCivC 1903, §354; RC 1919, §422; SDC 1939, §59.0435.