Chapter II — OF TRANSFERS OF PROPERTY BY ACT OF PARTIES

Section 18Transfer in perpetuity for benefit of public

Section 18: Transfer in perpetuity for benefit of public

18. Transfer in perpetuity for benefit of public

[18. Transfer in perpetuity for benefit of public.— The restrictions in sections 14, 16 and 17 shall not apply in the case of a transfer of property for the benefit of the public in the advancement of religion, knowledge, commerce, health, safety, or any other object beneficial to mankind.]

Amendment notes (1)
  1. Subs . Subs. by s. 10, ibid., for sections 16, 17 and 18.