43-5-8. Rule against perpetuities not in force.
The common-law rule against perpetuities is not in force in this state.
Source: SL 1983, ch 304, ยง4.
Structure South Dakota Codified Laws
Chapter 05 - Restraints On Alienation Of Property
Section 43-5-1 - Absolute power of alienation--Suspension--Limitation.
Section 43-5-3 - Term of years--Suspension of absolute ownership.
Section 43-5-4 - Suspension of power to alienate trust as suspension of power of alienation.
Section 43-5-5 - Computation of period for interest or trust created under power of appointment.
Section 43-5-6 - Distribution according to intent of creator.
Section 43-5-7 - Exempt transfers.
Section 43-5-8 - Rule against perpetuities not in force.
Section 43-5-9 - Limitation of actions to void existing instruments.