43-11-10. Power in trust defined.A power is in trust when any person or class of persons, other than its holder, has by the terms of its creation an interest in its execution. Source: CivC 1877, §304; CL 1887, §2820; RCivC 1903, §327; RC 1919, §396; SDC 1939, §59.0409.
South Dakota Legal Code