10-40-15.   Valuation of estate subject to divestiture by act of legatee or devisee. Where an estate for life or for years can be divested by the act or omission of the legatee or devisee, it shall be taxed as if there were no possibility of such divesting.

Source: SL 1915, ch 217, § 12; RC 1919, § 6843; SDC 1939, § 57.2320.

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