Section 17. Active And Passive Trusts
Description
This section is from the book "Popular Law Library Vol7 Equity Jurisprudence, Trusts, Equity Pleading", by Albert H. Putney. Also available from Amazon: Popular Law-Dictionary.
Section 17. Active And Passive Trusts
An active trust is one where there is anything to be done by the trustee, however slight. A passive trust is one where the trustee merely holds the legal title, and has no services to perform.
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