South Dakota Statutes

§ 55-1-11 — Implied trust--Declaration by court of equity.

South Dakota·Title 55 FIDUCIARIES AND TRUSTS·Ch. 55-1 CLASSIFICATION AND CREATION OF TRUSTS
The enumeration in §§ 55-1-7 to 55-1-10 , inclusive, of cases wherein an implied trust arises does not exclude or prevent the arising of an implied trust in other cases nor prevent a court of equity from establishing and declaring an implied, resulting, or constructive trust in other cases and instances pursuant to the custom and practice of such courts.

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Legislative History

SDC 1939, § 59.0102.

Nearby Sections

15
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