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The DC Code: § 42-1011 General powers in trust.

Index42 Real Property. (Refs & Annos)

A general power is in trust when any person or class of persons other than the grantee of such power is designated as entitled to the proceeds, or any portion of the proceeds or other benefits to result from the alienation of the lands, according to the power.

Historical and Statutory

Prior Codifications 1981 Ed., § 45-111. 1973 Ed., § 45-1011. DC CODE § 42-1011 Current through December 11, 2012

Credits

(Mar. 3, 1901, 31 Stat. 1353, ch. 854, § 1047.)