An implied trust is one which is created by operation of law. An implied trust arises in the cases described in §§ 55-1-7 to 55-1-10 , inclusive. Source: SDC 1939, §§ 59.0101, 59.0102.
Implied trust--Definition--Creation
SDCL § 55-1-6 — under CLASSIFICATION AND CREATION OF TRUSTS.
SDCL § 55-1-6