§ 404.
45 words·~1 min read·
/vt/404-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 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. (Added 2009, No. 20, § 1.)