Delaware Code
Subchapter III. General Provisions
§ 3539. Charitable trust; sale of timber on lands; application of proceeds.

The Court of Chancery may, when in its judgment the exercise thereof will promote the interests of the charity, direct wood or timber growing on land conveyed or devised for charitable uses to be cut and sold and the proceeds applied to repairs or the purchase of lime or other manures and making other improvements of such real estate. This section shall apply only to cases where the whole interest in the land is the subject of charitable uses.

Structure Delaware Code

Delaware Code

Title 12 - Decedents' Estates and Fiduciary Relations

Chapter 35. TRUSTS

Subchapter III. General Provisions

§ 3531. Renunciation by trustee named in trust instrument; filing and recording.

§ 3532. Transfer of stocks, bonds or other corporate securities by trustee; certificate of Register in Chancery.

§ 3533. Sale of trust property free from trust; procedure.

§ 3534. Notice procedure.

§ 3535. Powers of appointment, rule against perpetuities and restraints on alienation.

§ 3536. Rights of creditors and assignees of beneficiary of trust [For application of this section, see 79 Del. Laws, c. 172, § 6].

§ 3536A. Release of beneficial interests by beneficiaries.

§ 3537. Conveyance of realty by infant trustee.

§ 3538. Testamentary trusts; certification of by Register of Wills to Register in Chancery; record.

§ 3539. Charitable trust; sale of timber on lands; application of proceeds.

§ 3540. Powers and duties of certain trustees.

§ 3541. Administration of charitable trusts or noncharitable purpose trusts; cy pres rule.

§ 3542. Termination of small trusts [For application of this section, see 80 Del. Laws, c. 153, § 5].

§ 3543. Distribution of estate or trust assets without creation of trust.

§ 3544. Successor trustee.

§ 3545. Limitations on oral trusts; execution requirements for written trusts [For application of this section, see 81 Del. Laws, c. 320, §  8].

§ 3546. Limitation on action contesting validity of trusts [For application of this section, see 80 Del. Laws, c. 153, § 5].

§ 3547. Representation by person with a substantially identical interest [For application of this section, see 79 Del. Laws, c. 172, § 6].

§ 3548. Limited purpose trust companies; general powers of appointment.

§ 3549. Marital deduction gift; compliance with Internal Revenue Code; fiduciary powers.

§ 3550. Electronic execution of documents.