P.R. Laws tit. 32, § 3354a

2019-02-20 00:00:00+00
§ 3354a. Beneficiary of charitable trusts

A charitable trust may be created even if no particular or clearly identifiable beneficiaries are designated.

If the charitable trust has multiple trustees, the powers granted thereto by this chapter may be exercised by a majority vote unless the terms of the trust provide otherwise.

History —Aug. 31, 2012, No. 219, § 63.