Section 554.381 – Public Welfare Purposes; Validity of Gifts and Bequests.

554.381 Public welfare purposes; validity of gifts and bequests. Sec. 1. No statutory or common law rule of this state against perpetuities or restraint of alienation shall hereafter invalidate any gift, grant, devise or bequest, in trust or otherwise, for public welfare purposes. History: 1925, Act 373, Eff. Aug. 27, 1925 ;– CL 1929, 13516 […]

Section 554.382 – Public Welfare Purposes; Definition.

554.382 Public welfare purposes; definition. Sec. 2. Public welfare purposes are defined to be all lawful purposes beneficial to the public as a whole. History: 1925, Act 373, Eff. Aug. 27, 1925 ;– CL 1929, 13517 ;– CL 1948, 554.382