The trustee of an implied trust who becomes such through his own fault has none of the rights to compensation or repayment of expense prescribed in §§ 55-3-13 and 55-3-14 . Source: SDC 1939, § 59.0214.
Implied trustee--No rights to compensation or repayment of expenses
SDCL § 55-3-15, under EXPRESS TRUSTS FOR THIRD-PARTY BENEFICIARIES.
SDCL § 55-3-15