Michigan Compiled Laws § 555.10 Implied Or Resulting Trust; Validity Against Bona Fide Purchaser.

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”.

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Last modified: October 10, 2016