[ §554D-404] Trust purposes.
53 words·~1 min read·
/hi/554d-404A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[ §554D-404] Trust purposes. A trust may be created only to the extent its purposes are lawful, not contrary to public policy, and possible to achieve. A trust and its terms shall be for the benefit of its beneficiaries, subject to the provisions of the trust. [L 2021, c 32, pt of §2]