South Dakota § 55-4-18 - Unenforceable oral trust created by deed--Liability of trustee to settlor for transfer of real property.
Full text of South Dakota South Dakota Codified Laws § 55-4-18 — Unenforceable oral trust created by deed--Liability of trustee to settlor for transfer of real property., with citation guidance and answers to common questions.
§ 55-4-18. Unenforceable oral trust created by deed--Liability of trustee to settlor for transfer of real property.
Where the intended trustee has transferred part or all of his interest and it has come into the hands of a bona fide purchaser, the intended trustee shall be liable to the settlor or his successor in interest for the value of the interest thus transferred at the time of its transfer, less such offsets as the court may deem equitable.
Source: SL 1943, ch 308, § 16; SDC Supp 1960, § 59.0516 (2).
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 55-4-18
What does South Dakota Codified Laws § 55-4-18 cover?
Section 55-4-18 ("Unenforceable oral trust created by deed--Liability of trustee to settlor for transfer of real property.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 55-4-18?
A common citation format is "South Dakota Codified Laws § 55-4-18" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 55-4-18 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.