Implied trust may not prejudice rights of real property purchaser or encumbrancer.

  1. Law
  2. South Dakota Codified Laws
  3. Fiduciaries and Trusts
  4. Classification And Creation Of Trusts
  5. Implied trust may not prejudice rights of real property purchaser or encumbrancer.

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55-1-6.1. Implied trust may not prejudice rights of real property purchaser or encumbrancer.

No implied trust may prejudice the rights of a purchaser or encumbrancer of real property for value and without notice of the trust.

Source: SL 2017, ch 204, §6.


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