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Definition of Involuntary trust
1. Noun. A trust created by a court (regardless of the intent of the parties) to benefit a party that has been wrongfully deprived of its rights.
Lexicographical Neighbors of Involuntary Trust
Literary usage of Involuntary trust
Below you will find example usage of this term as found in modern and/or classical literature:
1. Revised Laws of the State of California: In Four Codes : Political, Civil by California, Creed Haymond, John Chilton Burch, Charles Lindley (1871)
"involuntary trust, what. 2218. Parties to the contract. 2219. ... involuntary trust
resulting from negligence, etc. SEC. 2215. A trust is either— 1. ..."
2. The Civil Code of the State of California: Adopted March 21, 1872. With by California, Charles Howard Fairall (1909)
"Creation of involuntary trust: See post, §§ 2228, 2224. Trusts for benefit of third
... involuntary trust resulting from frand, mistake, etc. §2224. ..."
3. Judicial and Statutory Definitions of Words and Phrases by West Publishing Company (1914)
"Code, § 1609, providing that an "involuntary trust" Is one created by operation
of law, and section 1615, providing that one who wrongfully detains a thing ..."
4. The Codes and Statutes of California: As Amended and in Force at the Close by California, Carter Pitkin Pomeroy (1901)
"involuntary trust, what. reposed is the essence of the relation, and it will be
found ... An involuntary trust is one which is created by operation of la\v. ..."
5. The Civil Code of the State of California by California, Walter Scott Brann (1903)
"Creation of involuntary trust: See sees. 2223, 2224. Trusts for benefit of third
persons: ... §2224. involuntary trust resulting from fraud, mistake, etc. ..."