§ 7-1.2 Trustee of passive trust not to take\n Every disposition of property shall be made directly to the person in\nwhom the right to possession and income is intended to be vested and not\nto another in trust for such person, and if made to any person in trust\nfor another, no estate, legal or equitable, vests in the trustee. But\nneither this section nor 7-1.1 shall apply to trusts arising or\nresulting by implicaiton of law.\n
Trustee of passive trust not to take
N.Y. Estates, Powers & Trusts Law § 7-1.2, under Rules Governing Trusts.
N.Y. Estates, Powers & Trusts Law § 7-1.2