MCL - Section 555.10

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Chapter 555
R.S. of 1846
R-S-1846-555-1-63
R-S-1846-555-1-63-USES-AND-TRUSTS.
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Revised Statutes of 1846 (EXCERPT)
USES AND TRUSTS.


555.10 Implied or resulting trust; validity against bona fide purchaser.

Sec. 10.

     No implied or resulting trust shall be alleged or established to defeat or prejudice the title of a purchase, for a valuable consideration, and without notice of such trust.


History: R.S. 1846, Ch. 63 ;-- CL 1857, 2640 ;-- CL 1871, 4123 ;-- How. 5572 ;-- CL 1897, 8838 ;-- CL 1915, 11574 ;-- CL 1929, 12976 ;-- CL 1948, 555.10
Compiler's Notes: The word “purchase” in this section evidently should read “purchaser”.