mortmain statute

noun

: a statute that prohibits corporate bodies (as charities) from holding real property in perpetuity or that otherwise limits or regulates testamentary dispositions to usually charitable corporations

called also statute of mortmain

Dictionary Entries Near mortmain statute

Cite this Entry

“Mortmain statute.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/mortmain%20statute. Accessed 21 Jun. 2024.

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