Printable Format58-2402. Title of purchaser without notice of trust. No such trust, whether implied or created, shall defeat the title of the purchaser for a valuable consideration and without notice of the trust.
History: G.S. 1868, ch. 114, ยง 2; October 31; R.S. 1923, 67-402.
CASE ANNOTATIONS
1. No trust as against bona fide purchaser without notice. Stalcup v. Stalcup, 137 K. 141, 146, 19 P.2d 447. Modified: 137 K. 447, 21 P.2d 401; 139 K. 213, 30 P.2d 1106.
2. Oral trust cannot defeat title derived from postnuptial agreement with consideration. Young v. Jackson, 140 K. 237, 243, 36 P.2d 91.
3. Mere donee not protected by section (dissenting opinion). Yeager v. Yeager, 155 K. 734, 748, 750, 129 P.2d 242.