Printable Format58-2405.
History: G.S. 1868, ch. 114, § 5; R.S. 1923, 67-405; Repealed, L. 2002, ch. 133, § 93; January 1, 2003.
CASE ANNOTATIONS
1. Mortgage foreclosure sale of trust property; trustee cannot acquire title for himself by purchase. Rathbun v. Hill, 187 K. 130, 132, 147, 354 P.2d 338.
2. Power to sell or convey property can be exercised only in manner provided in instrument conferring the power. In re Estate of Sutcliffe, 199 K. 686, 694, 433 P.2d 389.
3. Conveyance of church property by trustees in violation of fiduciary relationship and contrary to trust purposes is void. Gospel Tabernacle Body of Christ Church v. Peace Publishers & Co., 211 K. 420, 425, 506 P.2d 1135. Motion for rehearing denied: 211 K. 927, 508 P.2d 842.
4. Trustee cannot ratify an act that is in violation of trust agreement because such an act is void. Mark Twain Kansas City Bank v. Kroh Bros. Dev. Co., 250 K. 754, 764, 766, 829 P.2d 907 (1992).
5. Presence of a resulting trust depends upon an agreement to hold property for the person paying the consideration and lack of fraudulent intent. In re Harrison, 430 B.R. 679 (2010).