Law Dictionary

mortmain statute

noun

Legal Definition of mortmain statute

  1. :  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


Seen and Heard

What made you want to look up mortmain statute? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

a brief usually trivial fact

Get Word of the Day daily email!