trust power

trust power
A power of appointment or disposal to be exercised by the donee of the power for the benefit of one other than himself. 41 Am J1st Pow §3. Trust powers are imperative and their performance may be compelled in equity. In every case where the trust is valid as a power, the lands to which the trust relates remain in or descend to the person otherwise entitled, subject to the execution of the trust as a power. Tilden v Green, 130 NY 29, 28 NE 880.

Ballentine's law dictionary. . 1998.

См. также в других словарях:

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