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2017 Statute

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58-2406.Conveyance to one person when consideration paid by another. When a conveyance for a valuable consideration is made to one person and the consideration therefor paid by another, no use or trust shall result in favor of the latter; but the title shall vest in the former, subject to the provisions of the next two sections.

History: G.S. 1868, ch. 114, § 6; Oct. 31; R.S. 1923, 67-406.

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2019. Powered by KLISS. Rendered: 2019-06-26T20:47:49. Head Rev No: 582566(E)