Section 29A-6-412 – Revocation by act not permitted.
29A-6-412. Revocation by act not permitted. After a transfer on death deed is recorded, it may not be revoked by a revocatory act on the deed. Such revocatory act includes burning, tearing, canceling, obliterating, or destroying the deed, or any part of it. Source: SL 2014, ch 133, §12.
Section 29A-6-308 – Protection of registering entity.
29A-6-308. Protection of registering entity. (a) A registering entity is not required to offer or to accept a request for security registration in beneficiary form. If a registration in beneficiary form is offered by a registering entity, the owner requesting registration in beneficiary form assents to the protections given to the registering entity by this […]
Section 29A-6-413 – Effect of inter vivos transfer not limited.
29A-6-413. Effect of inter vivos transfer not limited. Nothing in §§29A-6-410 to 29A-6-412, inclusive, limits the effect of an inter vivos transfer of the property. Source: SL 2014, ch 133, §13.
Section 29A-6-309 – Nontestamentary transfer on death.
29A-6-309. Nontestamentary transfer on death. (a) A transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and this part and is not testamentary. (b) This part does not limit the rights of creditors of security owners against […]
Section 29A-6-310 – Terms, conditions, and forms for registration.
29A-6-310. Terms, conditions, and forms for registration. (a) A registering entity offering to accept registrations in beneficiary form may establish the terms and conditions under which it will receive requests (i) for registrations in beneficiary form, and (ii) for implementation of registrations in beneficiary form, including requests for cancellation of previously registered TOD beneficiary designations […]
Section 29A-6-311 – Application of part.
29A-6-311. Application of part. This part applies to registrations of securities in beneficiary form made before or after July 1, 1996, by decedents dying on or after July 1, 1996. Source: SL 1995, ch 168, §6-311.
Section 29A-6-401 – Short title.
29A-6-401. Short title. This part may be cited as the South Dakota Real Property Transfer on Death Act. Source: SL 2014, ch 133, §1.
Section 29A-6-402 – Definitions.
29A-6-402. Definitions. Terms used in this part mean: (1)”Beneficiary,” a person who receives property under a transfer on death deed; (2)”Designated beneficiary,” a person designated to receive property in a transfer on death deed; (3)”Joint owner,” any individual who owns property concurrently with one or more other individuals with a right of survivorship. The term […]
Section 29A-6-403 – Transfer on death deed authorized.
29A-6-403. Transfer on death deed authorized. Property may be transferred to one or more beneficiaries by a transfer on a death deed and is effective at the transferor’s death. Source: SL 2014, ch 133, §3.
Section 29A-6-404 – Nonexclusivity.
29A-6-404. Nonexclusivity. This part does not affect any method of transferring property otherwise permitted under the law of this state. Source: SL 2014, ch 133, §4.