Section 18-9.1-1. – Spendthrift trusts — Establishment.
§ 18-9.1-1. Spendthrift trusts — Establishment. Any person creating an express trust for the benefit of any other person or persons may, by the terms of the trust, establish valid restraints on the voluntary and/or involuntary transfer of interests in the express trust by its beneficiaries, whether by way of anticipation or acceleration, assignment, hypothecation, […]
Section 18-9-3. – Appointment and removal of assistants — Experts.
§ 18-9-3. Appointment and removal of assistants — Experts. The administrator, with the approval and consent of the attorney general, may appoint and remove any assistants that the work of the division may require. These assistants shall not be in the classified service. The administrator, with the approval and consent of the attorney general, may […]
Section 18-9.2-1. – Short title.
§ 18-9.2-1. Short title. This chapter shall be known and may be cited as the “Qualified Dispositions in Trust Act”. History of Section.P.L. 1999, ch. 402, § 1.
Section 18-9-4. – “Charitable trusts” defined.
§ 18-9-4. “Charitable trusts” defined. “Charitable trusts” as used in this chapter means any fiduciary relationship with respect to property arising as a result of a manifestation of an intention to create it and subjecting the person by whom the property is held to equitable duties to deal with the property for charitable, educational, or […]
Section 18-9-5. – Notice to attorney general of proceedings affecting charitable trusts.
§ 18-9-5. Notice to attorney general of proceedings affecting charitable trusts. The attorney general shall be notified of all judicial proceedings affecting, or in any manner dealing with, a charitable trust, or affecting, or in any manner dealing with, a trustee who holds in trust within the state property given, devised, or bequeathed for charitable, […]
Section 18-9-6. – Register of charitable trusts — Special assistant attorney general.
§ 18-9-6. Register of charitable trusts — Special assistant attorney general. In addition to his or her common law and statutory powers the attorney general, or the administrator acting under the authority and at the direction of the attorney general, shall have the authority to prepare and maintain a register of all charitable trusts previously […]
Section 18-9-7. – Register open to inspection — Registration fee.
§ 18-9-7. Register open to inspection — Registration fee. (a) The register established by § 18-9-6 shall be open to the inspection of any person at any reasonable times and for any legitimate purposes that the attorney general may determine. (b) The attorney general may by regulation provide that any investigation of charitable trusts made […]
Section 18-9-8. – Rules and regulations.
§ 18-9-8. Rules and regulations. The attorney general, or the administrator acting under the authority and at the direction of the attorney general, shall make any rules and regulations that may be reasonable or necessary to secure records and other information for the operation of the register and for the supervision, investigation, and enforcement of […]
Section 18-9-9. – Investigations as to administration of trusts.
§ 18-9-9. Investigations as to administration of trusts. The attorney general may investigate at any time charitable trusts for the purpose of determining and ascertaining whether they are being administered in accordance with law and with the terms and purposes of the trust. For the purposes of this investigation the attorney general may require any […]
Section 18-9-10. – Notice to attend in investigations.
§ 18-9-10. Notice to attend in investigations. Whenever the attorney general may require the attendance of any person, agent, trustee, fiduciary, beneficiary, institution, association, or corporation as provided in § 18-9-9, the attorney general shall issue a notice setting the time and place when the attendance is required and shall cause the notice to be […]