633.5101  Charitable purposes.

1.  A charitable trust may be created for the relief of poverty, the advancement of education or religion, the promotion of health, or any other purpose the accomplishment of which is beneficial to the community.

2.  If the terms of the trust do not indicate a particular charitable purpose or beneficiaries, the trustee may select one or more charitable purposes or beneficiaries.

Section History: Recent form

  99 Acts, ch 125, §85, 109

Internal References

  Referred to in § 633.1102

Footnotes

  Section effective July 1, 2000; 99 Acts, ch 125, §109


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