Trust for care of animal, care of other property, or other lawful noncharitable purpose

The following purpose trusts are valid: (1) A trust for the care of a designated animal or animals; (2) A trust for the care, maintenance, promotion, continuation, conservation, upkeep, protection, furtherance, or preservation of any other property; and (3) A trust for any other lawful noncharitable purpose or purposes. Source: SL 2006, ch 247 , § 2; SL 2018, ch 275 , § 3.