55-1-21. Trust for care of animal, care of other property, or other lawful noncharitable purpose. The following purpose trusts are valid:
(1) A trust for the care of a designated animal or animals;
(2) A trust for the care, maintenance, promotion, continuation, conservation, upkeep, protection, furtherance, or preservation of any other property; and
(3) A trust for any other lawful noncharitable purpose or purposes.Source: SL 2006, ch 247, § 2; SL 2018, ch 275, § 3.
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