P.R. Laws tit. 32, § 3352p
2019-02-20 00:00:00+00
Upon acceptance of the designation, the trustee may dispose of or encumber the trust property when the purposes of the trust so warrant without the need for the consent of the trustor or the beneficiary, unless there was an agreement to the contrary. The trustee is empowered to take any actions as appropriate to defend the trust property against third parties as well as against the beneficiary.
History —Aug. 31, 2012, No. 219, § 23.