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Chapter 447
Section 447.15
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This is an historical version of this statute chapter. Also view the most recent published version.
447.15 ADMINISTRATION OF TRUST; DESIGNATION OF TRUSTEES.
A city of the first class may administer a gift, devise, or bequest to it in trust for the purposes
in sections 447.14 to 447.16, as the donor or testator may designate in the will or trust instrument
and in accordance with the terms of the will or instrument. Officers of the city or the county where
the city is situated who are designated in the will or other instrument creating the trust shall
administer it in accordance with the instrument's terms.
History: (1592-6) 1913 c 232 s 2; 1987 c 229 art 10 s 1
A city of the first class may administer a gift, devise, or bequest to it in trust for the purposes
in sections 447.14 to 447.16, as the donor or testator may designate in the will or trust instrument
and in accordance with the terms of the will or instrument. Officers of the city or the county where
the city is situated who are designated in the will or other instrument creating the trust shall
administer it in accordance with the instrument's terms.
History: (1592-6) 1913 c 232 s 2; 1987 c 229 art 10 s 1
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Revisor of Statutes