In case of a transfer of property for the benefit of the public, which of the following restrictions do…
Section 18 exempts public-benefit transfers from section 14’s perpetuity restriction, section 16’s failure-of-prior-interest rule and section 17’s accumulation restriction.…
Choose your answer
In case of a transfer of property for the benefit of the public, which of the following restrictions do not apply?
Answer and explanation
Correct answer D
Section 18 exempts public-benefit transfers from section 14’s perpetuity restriction, section 16’s failure-of-prior-interest rule and section 17’s accumulation restriction. The public purposes include advancement of religion, knowledge, commerce, health, safety and other objects beneficial to mankind. The three choices correspond to those restrictions.
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