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58-2406. Conveyance to one person when consideration paid by another. When a conveyance for a valuable consideration is made to one person and the consideration therefor paid by another, no use or trust shall result in favor of the latter; but the title shall vest in the former, subject to the provisions of the next two sections.

History: G.S. 1868, ch. 114, ยง 6; October 31; R.S. 1923, 67-406.

Revisor's Note:

Application of section limited, see 58-2408.

Law Review and Bar Journal References:

Distinguishing purchase-money resulting trust and equitable mortgage, William G. Zimmerman, 13 K.L.R. 585, 587, 588 (1965).

Creditor's remedies under civil procedure code in case of fraudulent conveyance, Charles L. Frickey, 17 K.L.R. 501 (1969).

"Survey of Kansas Law: Wills, Trusts, and Probate," 29 K.L.R. 595, 608 (1981).

CASE ANNOTATIONS

1. Parol agreement to hold land in trust cannot be shown. Morrall v. Waterson, 7 K. 199, 205.

2. Trust created where agent acquires tax title to lands. Krutz v. Fisher, 8 K. 90.

3. Consent of person paying purchase money; held no trust results. Mitchell v. Skinner, 17 K. 563, 565.

4. Section will not be applied to fraudulent transactions. Brake v. Ballou, 19 K. 397, 400.

5. Purchase by son; purchase price paid by father; resulting trust. Beckman v. Richardson, 28 K. 648.

6. Purchase by agent; purchase money furnished by agent; constructive trust. Bryan v. McNaughton, 38 K. 98, 16 P. 57.

7. Purchase by husband with money belonging to wife; resulting trust. Mosteller v. Mosteller, 40 K. 658, 20 P. 464; Howard v. Howard, 52 K. 469, 476, 34 P. 1114.

8. Conveyance to deceive and defraud creditors binding between parties. Weatherbee v. Cockrell, 44 K. 380, 24 P. 417.

9. Forged assignment of land warrant; held no resulting trust created. Kohn v. Barr, 52 K. 269, 281, 34 P. 880.

10. Trust not inferred where parties agree to transaction. Brown v. Brown, 62 K. 666, 675, 64 P. 599.

11. Trusts by operation of law; effect of section considered. Chantland v. Bank, 66 K. 549, 553, 72 P. 230.

12. Trust under this section arises by operation of law. Lyons v. Berlau, 67 K. 426, 432, 73 P. 52.

13. Agreement need not be in writing; inferred from circumstances. Lyons v. Berlau, 67 K. 426, 432, 73 P. 52.

14. Mortgage not conveyance within meaning of section; resulting trust. Hanrion v. Hanrion, 73 K. 25, 27, 84 P. 381.

15. Effect of section considered. Garten v. Trobridge, 80 K. 720, 722, 104 P. 1067.

16. Effect of conveyance in fraud of creditors; homestead rights considered. Kline v. Cowan, 84 K. 772, 777, 115 P. 587.

17. Division by tenants in common; deed to wife; no trust. Knox v. Farguson, 97 K. 487, 488, 155 P. 929.

18. Oil lease; held by one for all; oral agreement valid. Goss v. Rothrock, 102 K. 272, 275, 169 P. 1161.

19. An express trust, not in writing, fails. Vaughn v. Cass, 131 K. 837, 839, 293 P. 487.

20. Trust denied spouse furnishing consideration in absence of agreement. Pricer v. Simonton, 134 K. 211, 214, 5 P.2d 835.

21. Purchasers contributing unequally take equal interest in deed if no agreement. Anderson v. Anderson, 137 K. 833, 837, 22 P.2d 471.

22. Agreement that grantee take in proportion to contribution did not create trust. Anderson v. Anderson, 138 K. 77, 23 P.2d 474.

23. Proof of payment sufficient and proof sufficient to establish trust. Kull v. Pearl, 147 K. 329, 335, 337, 339, 76 P.2d 790.

24. Petition held to state cause of action establishing implied trust. Allbert v. Allbert, 148 K. 527, 529, 83 P.2d 795.

25. Burden upon creditor to prove debtor paid consideration for property. Citizens State Bank v. Fairchilds, 151 K. 882, 886, 888, 101 P.2d 923.

26. Evidence insufficient to prove agreement required; subrogation allowed. Katschor v. Ley, 153 K. 569, 580, 113 P.2d 127.

27. Section inapplicable where facts pleaded bring case within exception stated. Staab v. Staab, 158 K. 77, 79, 80, 145 P.2d 452.

28. Trust denied father furnishing consideration in absence of agreement. Gantz v. Bondurant, 159 K. 389, 392, 155 P.2d 450.

29. Trust, sufficiency of evidence to establish; conflicting inferences. In re Estate of Gereke, 165 K. 249, 250, 263, 264, 195 P.2d 323.

30. Joint purchase of property; fraud of one in taking title; oral agreement upheld. Kotzman v. Papish, 169 K. 431, 436, 219 P.2d 425.

31. Agreement that title taken by husband and wife proved by parol. Commissioner of Internal Revenue v. Molter, 60 F.2d 498.

32. Court did not err in declaring resulting trust; partnership property; purchase of real estate by one partner; evidence. Stauth v. Stauth, 2 K.A.2d 512, 513, 582 P.2d 1160.

33. Cited; 58-2408 exception applied; resulting trust established. University State Bank v. Blevins, 227 K. 40, 42, 605 P.2d 91.

34. Cited; a resulting trust is created where transfer is made to one party but consideration is paid by another. In re Krause, 386 B.R. 785, 836 (2008).

35. Purchase money resulting trust is abolished; purpose of abolishment discussed. In re Kasparek, 426 B.R. 332 (2010).


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