14-10407. Evidence of oral trust
Except as required by a statute other than this chapter, a trust need not be evidenced by a trust instrument, but the creation of an oral trust shall be established only by clear and convincing evidence and the terms of the oral trust shall be established by a preponderance of the evidence. If a trust is created by written instrument, it may be amended or revoked only by written instrument executed by the settlor.
Section: Previous 14-10301 14-10401 14-10402 14-10403 14-10404 14-10405 14-10406 14-10407 14-10408 14-10409 14-10410 14-10411 14-10412 14-10413 14-10414 NextLast modified: October 13, 2016