South Dakota Statutes
§ 55-1-8 — Implied trust resulting from fraud, accident or wrongful act.
One who gains a thing by fraud, accident, mistake, undue influence, the violation of a trust or other wrongful act, is, unless he has some other and better right thereto, an implied trustee of the thing gained for the benefit of the person who would otherwise have had it.
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South Dakota § 55-1-8 (Implied trust resulting from fraud, accident or wrongful act.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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Legislative History
SDC 1939, § 59.0102 (2).
Nearby Sections
15
§ 55-1-2
Trusts classified.§ 55-1-20
Trusts for noncharitable purposes.§ 55-1-21.1
Termination of trust for care of animal.§ 55-1-21.11
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