Current through Chapter 253 of the 2024 Legislative Session
Section 554D-405 - Charitable purposes; enforcement(a) A charitable trust may be created for the relief of poverty, the advancement of education or religion, the promotion of health, governmental or municipal purposes, or other purposes the achievement of which is beneficial to the community.(b) If the terms of a charitable trust do not indicate or otherwise provide for selection of a particular charitable purpose or beneficiary, the trustee or other person authorized by the terms of the trust or, if none, the court may select one or more charitable purposes or beneficiaries. The selection shall be consistent with the settlor's intention to the extent it can be ascertained.(c) The settlor of a charitable trust, the trustee, a designated beneficiary, if any, or the attorney general may maintain a proceeding to enforce the trust.Added by L 2021, c 32,§ 2, eff. 1/1/2022.