2017 Indiana Code
TITLE 30. Trusts and Fiduciaries
ARTICLE 1. SALES OF SECURITIES AND INVESTMENTS BY FIDUCIARIES
CHAPTER 9. Resulting Trusts and Powers
30-1-9-6. Resulting trust

Universal Citation: IN Code § 30-1-9-6 (2017)
IC 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.

 

Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.