Section 42-1004 - Beneficial power

Beneficial power

A general or special power is beneficial where no person other than the grantee has, by the terms of its creation, any interest in its execution.

CREDIT(S)

(Mar. 3, 1901, 31 Stat. 1353, ch. 854, § 1040.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications
1981 Ed., § 45-104.
1973 Ed., § 45-1004.

Current through September 13, 2012