Miss. Code § 91-8-404

Current through the 2024 Regular Session
Section 91-8-404 - Trust purposes

A trust may be created only to the extent its purposes are lawful and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries as the interests of such beneficiaries are defined under the terms of the trust.

Miss. Code § 91-8-404

Added by Laws, 2014, ch. 421, SB 2727, 26, eff. 7/1/2014.