Section 43-10-5 - Rights of innocent purchaser or encumbrancer not prejudiced by implied or resultingtrust.

43-10-5. Rights of innocent purchaser or encumbrancer not prejudiced by implied or resulting trust. No implied or resulting trust can prejudice the rights of a purchaser or encumbrancer of real property for value and without notice of the trust.

Source: CivC 1877, § 281; CL 1887, § 2797; RCivC 1903, § 304; RC 1919, § 373; SDC 1939, § 59.0304.