§ 55-544.07. 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 and its terms may be established only by clear and convincing evidence.
(2005, c. 935.)
Sections: Previous 55-543.05 55-544.01 55-544.02 55-544.03 55-544.04 55-544.05 55-544.06 55-544.07 55-544.08 55-544.09 55-544.10 55-544.11 55-544.12 55-544.13 55-544.14 NextLast modified: April 3, 2009