Yogi, a simple yet concerning definition for MMX holders:
2. Trusts arising by operation of law; which might be either: (a) Resulting trusts: which may arise from a failure to dispose of the entire beneficial interest in property under a settlement or other instrument creating a trust, or upon the purchase of property by one person in the name of another where there was no intention to make a gift; or, (b) Constructive trusts: trusts imposed by the court irrespective of the intentions of the parties in circumstances where it would be unconscionable for the legal titleholder to deny the beneficial interest claimed by another party.
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