§ 42-1014. Trust powers imperative--Effect of grantee's right of selection of objects of trust.

Current through October 23, 2012

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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(Mar. 3, 1901, 31 Stat. 1354, ch. 854, § 1050.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications

1981 Ed., § 45-114.

1973 Ed., § 45-1014.