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8 sections in this chapter.
Mass. Gen. Laws ch. 68A, § 1 Prohibited acts of trusts
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Section 1. In the administration of any trust which is a ''private foundation'', as defined in section 509 of the Internal Revenue Code of 1954, or a ''split-interest trust'' as defined in section 4947(a)(2) of said Code, the following acts shall be prohibited: (a) engaging in an…
Mass. Gen. Laws ch. 68A, § 2 Distributions of trusts
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Section 2. In the administration of any trust which is a ''private foundation'' as defined in section 509 of said Code, or which is a ''charitable trust'' as defined in section 4947(a)(1) of said Code, there shall be distributed, for the purposes specified in the trust instrument…
Mass. Gen. Laws ch. 68A, § 3 Applicability of Secs. 1 and 2
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Section 3. The provisions of sections one and two shall not apply to any trust to the extent that a court of competent jurisdiction shall determine that such application would be contrary to the terms of the instrument governing such trust and that the same may not properly be ch…
Mass. Gen. Laws ch. 68A, § 4 Prohibited acts of corporations
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Section 4. No corporation which is a ''private foundation'' as defined in section 509 of said Code, shall (a) engage in any act of ''self-dealing'' (as defined in section 4941(d) of said Code), which would give rise to any liability for the tax imposed by section 4941(a) of said …
