Indiana Code Title 30. Trusts and Fiduciaries § 30-1-9-8

Sec. 8. The provisions of the section next before the last, shall not extend to cases where the alienee shall have taken an absolute conveyance in his own name, without the consent of the person with whose money the consideration was paid;  or where such alienee, in violation of some trust, shall have purchased the land with moneys not his own;  or where it shall be made to appear that, by agreement, and without any fraudulent intent, the party to whom the conveyance was made, or in whom the title shall vest, was to hold the land or some interest therein in trust for the party paying the purchase-money or some part thereof.