§ 75-7-409. Noncharitable trust without ascertainable beneficiary.

Latest version.

A trust may be created for a noncharitable purpose without a definite or definitely ascertainable beneficiary or for a noncharitable but otherwise valid purpose to be selected by the trustee as provided in Section 75-2-1001.

Repealed and Re-enacted by Chapter 89, 2004 General Session

                    
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