A pure trust is not subject to legislative control. The U.S. - TopicsExpress

A pure trust is not subject to legislative control. The U.S. Supreme Court holds that the trust is created and its relationship comes under the realm of equity based upon the common law and is not subject to legislative restrictions as are corporations and other statutory entities or organizations created by legislative authority. - Croker v. MacCloy, 649 US Supp 39; and Elliott v. Freeman, 220 US 178.

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