Section 409. Non-charitable trust without ascertainable beneficiary.
Except as otherwise provided in section 408, or by another general or special law, the following rules shall apply:
(1) A trust may be created for a non-charitable purpose without a definite or definitely ascertainable beneficiary or for a non-charitable but otherwise valid purpose to be selected by the trustee.
(2) A trust authorized by this section may be enforced by a person appointed in the terms of the trust or, if no person is so appointed, by a person appointed by the court.
(3) Property of a trust authorized by this section may be applied only to its intended use, except to the extent the court determines that the value of the trust property exceeds the amount required for the intended use. Property not required for the intended use shall be distributed to the settlor, if then living, otherwise to the settlor's successors in interest, unless the terms of the trust provide otherwise.
Structure Massachusetts General Laws
Part II - Real and Personal Property and Domestic Relations
Chapter 203e - Massachusetts Uniform Trust Code
Article 4 - Creation, Validity, Modification and Termination of Trust
Section 401 - Methods of Creating Trust
Section 402 - Requirements for Creation
Section 403 - Trusts Created in Other Jurisdictions
Section 405 - Charitable Purposes; Enforcement
Section 406 - Creation of Trust Induced by Fraud, Duress or Undue Influence
Section 407 - Evidence of Oral Trust
Section 408 - Trust for Care of an Animal
Section 409 - Non-Charitable Trust Without Ascertainable Beneficiary
Section 410 - Modification or Termination of Trust; Proceedings for Approval or Disapproval
Section 411 - Modification or Termination of Non-Charitable Irrevocable Trust by Consent
Section 414 - Modification or Termination of Uneconomic Trust