Maine Statutes
§ 18-B §404 — Trust purposes
Maine·Title 18-B TRUSTS·Part 1 MAINE UNIFORM TRUST CODE·Ch. 4 CREATION, VALIDITY, MODIFICATION AND TERMINATION OF TRUST
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.
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Legislative History
PL 2003, c. 618, §A1 (NEW). PL 2003, c. 618, §A2 (AFF).
Nearby Sections
15
§ 18 §1
By whom and how made§ 18 §1001
Rules of descent§ 18 §1002
Degrees of kindred§ 18 §1004
Posthumous child takes intestate share§ 18 §1005
Child or issue may have intestate share§ 18 §1006
Contribution to loss by devisee§ 18 §1008
Rights of heirs of deceased devisees§ 18 §102
Petition for probate; notice§ 18 §103
Competency of witnesses§ 18 §104
Depositions