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DRY TRUST Definition & Legal Meaning

Definition & Citations:

A passive trust; one which requires no action on the partof the trustee beyond turning over money or property to the cestui que trust. Bradfordv. Robinson, 7 Houst. (Del.) 29, 30 Atl. 670; Cornwell v. Wulff. 148 Mo. 542, 50 S. W. 439, 45 L. R. A. 53.


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