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Dry trust

Defined in 4 dictionaries — Ballentine's (1916), Bouvier (1914), Black's (1910), Black's (1891)

Ballentine's Law Dictionary

James A. Ballentine · 1916

One wherein the trustee merely holds the title. See 148 Mo. 542, 45 L. R. A. 53, 50 S. W. 439.

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

A passive trust; one which requires no action on the part of the trustee beyond turning over the money or property to the cestui que trust. Black, L. Diet. See Trust.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

One which merely vests the legal title in the trustee, and does not require the performance of any active duty on his part to carry out the trust.

Defined under Trust in Black's Law Dictionary.

A Dictionary of Law

Henry Campbell Black · 1891

A passive trust; one which requires no action on the part of the trustee beyond turning over money or property to the cestué que trust.