58-2406. Conveyance to one person when consideration paid by another.
When a conveyance for a valuable consideration is made to one 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 sections.
History: G.S. 1868, ch. 114, § 6; Oct. 31; R.S. 1923, 67-406.