Implied trust--Declaration by court of equity

SDCL § 55-1-11 — under CLASSIFICATION AND CREATION OF TRUSTS.

SDCL § 55-1-11

The enumeration in §§ 55-1-7 to 55-1-10 , inclusive, of cases wherein an implied trust arises does not exclude or prevent the arising of an implied trust in other cases nor prevent a court of equity from establishing and declaring an implied, resulting, or constructive trust in other cases and instances pursuant to the custom and practice of such courts. Source: SDC 1939, § 59.0102.