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