381.170 Consideration paid by other than grantee -- Effect.
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/ky/chapter-381/381-170A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When a deed is made to one
(1)person, and the consideration is paid by another no use or trust results in favor of the latter unless the grantee takes a deed in his own name without the consent of the person paying the consideration, or unless the grantee in violation of a trust purchases the lands deeded with the effects of another person. Such deeds are fraudulent as against the existing debts and liabilities of the person paying the consideration.