Transfer of beneficial interest: beneficiary may dispose of interests subject to law; restrictions for married women during marriage. A beneficiary competent to contract may transfer his beneficial interest in trust property, subject to the law prescribing the circumstances and extent of such disposition; but where property is vested for the benefit of a married woman so that she cannot deprive herself of the beneficial interest, this does not authorize her to transfer that interest during her marriage.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Transfer of beneficial interest: beneficiary may dispose of interests subject to law; restrictions for married women during marriage.
A beneficiary competent to contract may transfer his beneficial interest in trust property, subject to the law prescribing the circumstances and extent of such disposition; but where property is vested for the benefit of a married woman so that she cannot deprive herself of the beneficial interest, this does not authorize her to transfer that interest during her marriage.
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