There is a newer version
of
this Section
2019 South Dakota Codified Laws
Title 43 - Property
Chapter 11 - Real Property Powers
§ 43-11-27 Mortgage by owner of life estate having power to make leases does not extinguish or suspend the power.
Universal Citation: SD Codified L § 43-11-27 (2019)
43-11-27. Mortgage by owner of life estate having power to make leases does not extinguish or suspend the power. A mortgage executed by the owner of a life estate having a power to make leases by virtue of any beneficial power, does not extinguish or suspend the power, but the power is bound by the mortgage in the same manner as the real property embraced therein.
Source: CivC 1877, § 346; CL 1887, § 2862; RCivC 1903, § 369; RC 1919, § 436; SDC 1939, § 59.0449.
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
