Section 43-11-9 - Beneficial power defined.

43-11-9. Beneficial power defined. A power is beneficial when no person other than its holder has by the terms of its creation any interest in its execution.

Source: CivC 1877, § 303; CL 1887, § 2819; RCivC 1903, § 326; RC 1919, § 395; SDC 1939, § 59.0408.