2015 South Dakota Codified Laws
Title 43 - PROPERTY
Chapter 10 - Real Property Trusts
§ 43-10-14 Vesting of estate in trustee--Exception.
43-10-14. Vesting of estate in trustee--Exception.
Except as in this chapter provided, every express trust in real property, valid as such, in its creation, vests the whole estate in the trustees, subject only to the execution of the trust. The beneficiaries take no estate or interest in the property but may enforce the performance of the trust.
Source: CivC 1877, § 288; CL 1887, § 2804; RCivC 1903, § 311; RC 1919, § 380; SDC 1939, § 59.0311.
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