Remainder, definition.

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43-9-4. Remainder, definition.

When a future estate, other than a reversion, is dependent on a precedent estate, it may be called a remainder, and may be created and transferred by that name.

Source: CivC 1877, §226; CL 1887, §2742; RCivC 1903, §249; RC 1919, §319; SDC 1939, §51.0410.


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