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3354e — 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 III - Charitable Trust § 3354a - Beneficiary of Charitable Trusts/
  9. 3354e
Puerto Rico Legal Code

3354e

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If a trust is created and its assets are intended for a particular charitable purpose that becomes unlawful, impracticable, or impossible to achieve, the trust shall not fail. In that case, the court shall instruct the trustee to apply the assets to another charity that falls within the general intention of the trustor.However, if the trustor has provided in the trust instrument that, upon the trust’s termination, the assets shall revert to him or his heirs, such provision shall prevail over any power of the court to apply the aforementioned cy pres rule. History —Aug. 31, 2012, No. 219, § 67.