Trust purposes

14A V.S.A. ch. 004, § 404, under Creation, Validity, Modification, and Termination of Trust.

14A V.S.A. ch. 004, § 404

§ 404. Trust purposes

A trust may be created only to the extent its purposes are lawful, not contrary to public policy, and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries. (Added 2009, No. 20, § 1.)