Section 43-11-10 - Power in trust defined.
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.