ARTICLE 4 CREATION, VALIDITY, MODIFICATION, AND TERMINATION OF TRUST
Section 564-B:4-404
564-B:4-404 Trust Purposes.
A trust may be created only to the extent its purposes are lawful, not contrary to public policy, and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries, as their interests are defined under the terms of the trust.