Civil Code Art. 1455: Implied Trusts

Statute: Civil Code
Article: Art. 1455
Topic: Implied Trusts
Book: BOOK IV Obligations and Contracts
Title: TITLE V TRUSTS
Chapter: CHAPTER 3 Implied Trusts
Year: 1949

The provision

When any trustee, guardian or other person holding a fiduciary relationship uses trust funds for the purchase of property and causes the conveyance to be made to him or to a third person, a trust is established by operation of law in favor of the person to whom the funds belong.

Cases applying this article

The Estate of Don Filemon Y. Sotto v. Matilde S. Palicte G.R. No. 158642

Related provisions in this Chapter

Civil Code, Art. 1456 Implied Trusts
Civil Code, Art. 1454 Implied Trusts
Civil Code, Art. 1457 Implied Trusts
Civil Code, Art. 1453 Implied Trusts
Civil Code, Art. 1452 Implied Trusts
Civil Code, Art. 1451 Implied Trusts
Civil Code, Art. 1450 Implied Trusts

Civil Code, Art. 1455 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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