Civil Code Art. 1453: Implied Trusts

Statute: Civil Code
Article: Art. 1453
Topic: Implied Trusts
Book: BOOK IV Obligations and Contracts
Title: TITLE V TRUSTS
Chapter: CHAPTER 3 Implied Trusts
Year: 1949

The provision

When property is conveyed to a person in reliance upon his declared intention to hold it for, or transfer it to another or the grantor, there is an implied trust in favor of the person whose benefit is contemplated.

Cases applying this article

Wise Holdings v. Francisco P. Garcia G.R. No. 199174

Related provisions in this Chapter

Civil Code, Art. 1452 Implied Trusts
Civil Code, Art. 1454 Implied Trusts
Civil Code, Art. 1451 Implied Trusts
Civil Code, Art. 1450 Implied Trusts
Civil Code, Art. 1456 Implied Trusts
Civil Code, Art. 1457 Implied Trusts

Civil Code, Art. 1453 is found in CHAPTER 3 Implied Trusts of TITLE V TRUSTS of BOOK IV Obligations and Contracts of the Civil Code of the Philippines (Republic Act No. 386).

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