Implied trust
Black's Law Dictionary · Henry Campbell Black, M.A. · 1910
Black's Law Dictionary
A trust raised or created by implication of law; a trust implied or presumed from circumstances.
Wilson v. Welles, 79 Minn. 53, 81 N. W. 549; In re Morgan, 84 Hun (N. Y.) 220; Kaphan v. Toney (Tenn. Ch.) 58 S. W. 913; Cone v. Dunham, 59 Conn. 145, 20 All. 311, 8 L. R. A. 647; Russell v. Peyton, 4 111. App. 478.