There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 10 TAXATION
Chapter 41. Administration And Collection Of Inheritance Tax
§10-41-62 Time of accrual of tax on contingent or conditional transfer.
SD Codified L § 10-41-62 (through 2011) What's This?
10-41-62. Time of accrual of tax on contingent or conditional transfer. Taxes upon any devise, bequest, legacy, or gift, limited, conditioned, dependent, or determinable upon the happening of any contingency or future event by reason of which the full and true value thereof cannot be ascertained when or before the taxes become due and payable as provided in § 10-41-61, shall accrue and become due and payable when the person or corporation becomes beneficially entitled in possession or expectancy thereto.
Source: SL 1915, ch 217, § 5; RC 1919, § 6834; SDC 1939, § 57.2501.
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