<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 59-12-2 - Applicability.</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2078733Normal { text-indent: 0.50in; text-align: justify; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2078733SENU { font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2078733CL { font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2078733DefaultParagraphFont { font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2078733StatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } a.s2078733000000 { text-decoration: none; } span.s2078733000001 { font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2078733NoIndent { text-indent: 0.00in; text-align: justify; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2078733DefaultParagraphFont-000002 { font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2078733SCL { font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2078733Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=59-12-2"><span class="s2078733SENU">59-12-2</span></a><span xml:space="preserve" class="s2078733SENU">. </span><span class="s2078733CL">Applicability.</span></p><p dir="ltr" class="s2078733Normal"><span class="s2078733DefaultParagraphFont">This chapter applies to all powers of attorney other than:</span></p><p dir="ltr" class="s2078733StatuteNumber1"><span class="s2078733DefaultParagraphFont">(1)    A power to the extent it is coupled with an interest in the subject of the power, including a power given to or for the benefit of a creditor in connection with a credit transaction;</span></p><p dir="ltr" class="s2078733StatuteNumber1"><span class="s2078733DefaultParagraphFont">(2)    A power to make health care decisions;</span></p><p dir="ltr" class="s2078733StatuteNumber1"><span class="s2078733DefaultParagraphFont">(3)    A proxy or other delegation to exercise voting rights or management rights with respect to an entity; or</span></p><p dir="ltr" class="s2078733StatuteNumber1"><a id="_pagenumber3" class="s2078733000000"></a><span class="s2078733DefaultParagraphFont">(4)    A power created on a form prescribed by a government or governmental subdivision, agency, or instrumentality for a governmental purpose.</span></p><p dir="ltr" class="s2078733Normal"><span xml:space="preserve" class="s2078733000001"> </span></p><p dir="ltr" class="s2078733NoIndent"><span xml:space="preserve" class="s2078733DefaultParagraphFont-000002">Source: </span><span class="s2078733SCL">SL 2020, ch 214, § 2.</span></p></div></body></html>