· 7/1/1986
Crow v. Citicorp Acceptance Co.
Citations
- 316 N.C. 731
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- noting that money paid to another may create a trust or debt, depending upon the intention of the payor
- stating that \[i]t is well settled that so long as there has been no denial or repudiation of an express and continuing trust... neither the statute of limitations nor laches will constitute a bar to an account or other proper relief\
- comparing the intent necessary to create a trust with that necessary to create an ordinary debt
- where the court held that a beneficiary of a trust had an equitable interest in trust property
- where the court held that a beneficiary of a trust had an equitable interest in trust property
- “Any words ‘which unequivocally show an intention that the legal estate was vested in one person, to be held in some manner or for some purpose on behalf of another, if certain as to all other requisites, are sufficient’ to create a trust.”
Source: CourtListener parenthetical corpus (CC0).
Sourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.