There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 55 FIDUCIARIES AND TRUSTS
Chapter 01. Classification And Creation Of Trusts
§55-1-10 Transfer of real property to one for money paid by another--Trust presumed.
SD Codified L § 55-1-10 (through 2011) What's This?
55-1-10. Transfer of real property to one for money paid by another--Trust presumed. When a transfer of real property is made to one person and the consideration therefor is paid by or for another, a trust is presumed to result in favor of the person by or for whom such payment is made.
Source: SDC 1939, § 59.0102 (4).
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