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

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.

Historical and Statutory

Prior Codifications 1981 Ed., § 45-114. 1973 Ed., § 45-1014. DC CODE § 42-1014 Current through December 11, 2012

Credits

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