transgressive trust


transgressive trust
A trust which by its terms transgresses or violates the rule against perpetuities. Nothing is denounced as a perpetuity that does not transgress this rule, and equity follows this rule by way of analogy in dealing with executory trusts; and those trusts which transgress the rule are called transgressive trusts, being in equity the substantial equivalent of what in law are called perpetuities. Pulitzer v Livingston, 89 Me 359, 364, 36 A 635.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… …   Black's law dictionary

  • Homerton — For the Cambridge college which was originally founded here, see Homerton College, Cambridge. Coordinates: 51°33′08″N 0°02′49″W / 51.55212°N 0.04704°W / …   Wikipedia

  • Industrial metal — For the commodity, see base metal. Industrial metal Stylistic origins Industrial music, industrial rock, noise, noise rock, thrash metal, heavy metal, electro industrial Cultural origins Late 1980s, United Kingdom, Germany, United States …   Wikipedia

  • Like a Prayer (chanson) — Like a Prayer Single par Madonna extrait de l’album Like a Prayer Face A Like a Prayer Face B Act of Contrition …   Wikipédia en Français

  • Lady Gaga — Gaga at the 2010 Consumer Electronics Show …   Wikipedia

  • Tantra — (Sanskrit: तन्त्र ; weave denoting continuity [Norbu, p. 49] ), tantricism or tantrism is any of several esoteric traditions rooted in the religions of India. The tantric movement has influenced the Hindu, Bön, Buddhist, and Jain religious… …   Wikipedia

  • Third gender — The terms third gender and third sex describe individuals who are considered to be neither women nor men, as well as the social category present in those societies who recognize three or more genders.The state of being neither male nor female may …   Wikipedia

  • Sandra Cisneros — Born December 20, 1954 (1954 12 20) (age 56) Chicago, Illinois Occupation Novelist, poet, short story writer Nationality USA Ethnicity Mexican American …   Wikipedia

  • Fight Club — infobox Book | name = Fight Club title orig = translator = image caption = First edition cover author = Chuck Palahniuk illustrator = cover artist = Jacket design by Michael Ian Kaye Photograph by Melissa Hayden Soap by Proverbial Inc. country =… …   Wikipedia

  • Cannibal Ferox — Make Them Die Slowly redirects here. For the White Zombie album, see Make Them Die Slowly (album). Cannibal Ferox Directed by Umberto Lenzi …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.