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3352j — Puerto Rico Law | CourtGPT
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  4. Title Thirty-two - Code of Civil Procedure (§§ 1 — 3576)/
  5. Subtitle 4 - Special Legal Proceedings Law/
  6. Part V - Other Actions/
  7. Chapter 266 - Trust Act Sub/
  8. Subchapter II - Private Trusts § 3352a - Content/
  9. 3352j
Puerto Rico Legal Code

3352j

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A natural person has the capacity to be a trustee to the extent that he has the capacity to administer the trust property for his own benefit.A juridical person has the capacity to be a trustee to the extent that it has the capacity and authority by law to administer the trust property for a particular trust.The trustor can be a trustee.The beneficiary can be a trustee, provided he is not the sole beneficiary. If the trust has several beneficiaries, they can all be trustees.The State can be a trustee, provided that it is expressly empowered by law for a particular trust. History —Aug. 31, 2012, No. 219, § 17.