cy pres doctrine
Noun | 1. | cy pres doctrine - a rule that when literal compliance is impossible the intention of a donor or testator should be carried out as nearly as possible |
单词 | cy pres doctrine | |||
释义 | cy pres doctrine
cy pres doctrinecy pres doctrinen. (see-pray doctrine) from French, meaning "as close as possible." When a gift is made by will or trust (usually for charitable or educational purposes), and the named recipient of the gift does not exist, has dissolved, or no longer conducts the activity for which the gift is made, then the estate or trustee must make the gift to an organization which comes closest to fulfilling the purpose of the gift. Sometimes this results in heated court disputes in which a judge must determine the appropriate substitute to receive the gift. Example: dozens of local Societies for Protection of Cruelty to Animals contested for a gift which was made without designating which chapter would receive the benefits. The judge wisely divided up the money. cy pres doctrine
Synonyms for cy pres doctrine
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