72-38-404. Trust purposes.
39 words·~1 min read·
/mt/title-72/chapter-38/part-4/72-38-404·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
72-38-404 . 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 must be for the benefit of its beneficiaries.