P.R. Laws tit. 32, § 3351

2019-02-20 00:00:00+00
§ 3351. Definition

A trust is an autonomous estate resulting from the act whereby a trustor transfers property or rights, to be administered by a trustee in favor of a beneficiary or for a specific purpose, according to the provisions of the trust instrument and, in the absence thereof, to the provisions herein set forth.

History —Aug. 31, 2012, No. 219, § 1.