PLAI

Statute

Obligations and Contracts and Related Laws

1206 provisions · showing TITLE V › CHAPTER 2 (4) · source

Article 1443

No express trusts concerning an immovable or any interest therein may be proved by parol evidence.

Article 1444

No particular words are required for the creation of an express trust, it being sufficient that a trust is clearly intended.

Article 1445

No trust shall fail because the trustee appointed declines the designation, unless the contrary should appear in the instrument constituting the trust.

Article 1446

Acceptance by the beneficiary is necessary. Nevertheless, if the trust imposes no onerous condition upon the beneficiary, his acceptance shall be presumed, if there is no proof to the contrary.