Indiana Code - Trusts and Fiduciaries - Title 30, Section 30-1-9-6

Resulting trust

Sec. 6. When a conveyance for a valuable consideration is made
to one (1) person, and the consideration therefor paid by another, no
use or trust shall result in favor of the latter; but the title shall vest in
the former, subject to the provisions of the next two (2) sections.
(Formerly: Acts 1852, 1RS, c.113, s.6.)

Last modified: May 27, 2006