55-1-6. Implied trust--Definition--Creation.
27 words·~1 min read·
/sd/title-55/chapter-55-1/55-1-6A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An implied trust is one which is created by operation of law. An implied trust arises in the cases described in §§ 55-1-7 to 55-1-10 , inclusive.