Section 55-17-12 - Bona fide purchasers

55-17-12. Bona fide purchasers.Notwithstanding anything contained in §55-17-9 to the contrary:(1)Notice of the existence of a South Dakota special spousal property trust, a marriage, or the termination of a marriage does not affect the status of a purchaser as a bona fide purchaser;(2)Special spousal property purchased by a bona fide purchaser from a spouse having the right to manage and control the property is acquired free of any claim of the other spouse. The effect of this subsection may not be varied by a South Dakota special spousal property trust. Source: SL 2016, ch 231, §40.