Beneficial power defined.

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43-11-9. Beneficial power defined.

A power is beneficial when no person other than its holder has by the terms of its creation any interest in its execution.

Source: CivC 1877, §303; CL 1887, §2819; RCivC 1903, §326; RC 1919, §395; SDC 1939, §59.0408.


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