District of Columbia Statutes
§ 42-1014 — Trust powers imperative — Effect of grantee’s right of selection of objects of trust.
A trust power does not cease to be imperative where the grantee has the right to select any and exclude others of the persons designated as the objects of the trust.
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District of Columbia § 42-1014 (Trust powers imperative — Effect of grantee’s right of selection of objects of trust.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Mar. 3, 1901, 31 Stat. 1354, ch. 854, § 1050
Nearby Sections
15
§ 42-1001
“Power” defined.§ 42-1002
General power.§ 42-1003
Special power.§ 42-1004
Beneficial power.§ 42-1009
Right of grantor to reserve power.§ 42-1011
General powers in trust.§ 42-1012
Special powers in trust.