§36-1-6. — Declarations of trust in personal property; necessity of writing.
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§36-1-6. Declarations of trust in personal property; necessity of writing.
No declaration of trust of any personal property, without consideration, shall be valid unless it be in writing, signed by the person who creates such trust or by his agent. This section shall have no application to a conveyance of personal property to another person, in trust either for the person making such conveyance, or for a third person.