Charitable organizations administering trusts that are not charitable trusts.

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Charitable organizations administering trusts that are not charitable trusts as defined in this act as of ninety (90) days after the effective date of this act or September 1, 1997, whichever date is the first to occur, shall be permitted to continue administering those trusts until these trusts terminate.

Added by Laws 1997, c. 99, § 14, emerg. eff. April 15, 1997.


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