555.10 Implied or resulting trust; validity against bona fide purchaser.
Sec. 10.
No implied or resulting trust shall be alleged or established to defeat or prejudice the title of a purchase, for a valuable consideration, and without notice of such trust.
History: R.S. 1846, Ch. 63 ;– CL 1857, 2640 ;– CL 1871, 4123 ;– How. 5572 ;– CL 1897, 8838 ;– CL 1915, 11574 ;– CL 1929, 12976 ;– CL 1948, 555.10
Compiler’s Notes: The word “purchase” in this section evidently should read “purchaser”.