04. 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. (Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.) Editor's Notes Uniform Law: This section is based upon § 404 of the Uniform Trust Code.
District of Columbia Legal Code