55-412 - Persons acquiring from slayer protected.

§ 55-412. Persons acquiring from slayer protected.

The provisions of this chapter shall not affect the right of any person who,before the interests of the slayer have been adjudicated, acquires from theslayer for adequate consideration property or an interest therein which theslayer would have received except for the terms of this chapter, provided thesame is acquired without notice of circumstances tending to bring it withinthe provisions of this chapter; but all consideration received by the slayershall be held by him in trust for the persons entitled to the property underthe provisions of this chapter, and the slayer shall also be liable both forany portion of such consideration which he may have dissipated, and for anydifference between the actual value of the property and the amount of suchconsideration.

(1981, c. 469.)