43-2-6. Qualified ownership of property defined. The ownership of property is qualified:
(1) When it is shared with one or more persons;
(2) When the time of enjoyment is deferred or limited; or
(3) When the use is restricted.Source: CivC 1877, § 173; CL 1887, § 2689; RCivC 1903, § 196; RC 1919, § 266; SDC 1939, § 51.0209.