Limitation of future estate

A future estate may be limited by the act of the party to commence in possession at a future day, either without the intervention of a precedent estate, or on the termination, by lapse of time or otherwise, of a precedent estate created at the same time. Source: CivC 1877, § 224; CL 1887, § 2740; RCivC 1903, § 247; RC 1919, § 317; SDC 1939, § 51.0408.