Statute of frauds

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72-38-407. Statute of frauds. A trust is not valid unless evidenced by one of the following methods:

(1) by a written instrument signed by the trustee or by the trustee's agent if authorized in writing to do so;

(2) by a written instrument signed by the settlor or by the settlor's agent if authorized in writing to do so; or

(3) by operation of law.

History: En. Sec. 56, Ch. 264, L. 2013.


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