Qualified ownership of property defined.

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43-2-6. Qualified ownership of property defined.

The ownership of property is qualified:

(1)When it is shared with one or more persons;

(2)When the time of enjoyment is deferred or limited; or

(3)When the use is restricted.

Source: CivC 1877, §173; CL 1887, §2689; RCivC 1903, §196; RC 1919, §266; SDC 1939, §51.0209.


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