Trust purposes

1. Law
2. District of Columbia Code
3. Descent, Distribution, and Trusts. [Enacted title]
4. Uniform Trust Code
5. Creation, Validity, Modification, and Termination of Trust
6. 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.

(Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)

Editor's Notes

Uniform Law: This section is based upon § 404 of the Uniform Trust Code.

Download our app to see the most-to-date content.