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Implied or Resulting Trust; Validity Against Bona Fide Purchaser - Mich. Comp. Laws Section 555.10

Legal Research Home > Michigan Laws > Uses And Trusts > Implied or Resulting Trust; Validity Against Bona Fide Purchaser - Mich. Comp. Laws Section 555.10

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".

Section: Previous 555.3 555.4 555.5 555.6 555.7 555.8 555.9 555.10 555.11 555.12 555.13 555.14 555.15 555.16 555.17 Next

Last modified: March 17, 2013