Statutes, codes, and regulations
South Dakota Codified Laws
Title 55 - FIDUCIARIES AND TRUSTS
Chapter 1 - CLASSIFICATION AND CREATION OF TRUSTS
Section 55-1-10 - Transfer of real property to one for money paid by another-Trust presumed

S.D. Codified Laws § 55-1-10

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Current with legislation signed by the governor on or before 3/6/2024
Section 55-1-10 - Transfer of real property to one for money paid by another-Trust presumed

When a transfer of real property is made to one person and the consideration therefor is paid by or for another, a trust is presumed to result in favor of the person by or for whom such payment is made.

SDCL 55-1-10

SDC 1939, § 59.0102 (4).