§ 42-1012. Special powers in trust.

Current through October 23, 2012

A special power is in trust:

(1) When the disposition which it authorizes is limited to be made to any person or class of persons other than the grantee of such power;

(2) When any person or class of persons other than the grantee is designated as entitled to any benefit from the disposition or change authorized by the power.

                
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(Mar. 3, 1901, 31 Stat. 1353, ch. 854, § 1048.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications

1981 Ed., § 45-112.

1973 Ed., § 45-1012.