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Act No. 190 Section 594

Sale of trust estate.

Section 594

SEC. 594. Sale of trust estate. — When the sale and conveyance or transfer of any real or personal estate held in trust appears to be necessary or expedient, the court having jurisdiction of the trust may, after notice and other proceedings, when required, order such sale and conveyance, and transfer, to be made, and the reinvestment and application of the proceeds of such sale in such manner as will best effect the objects of the trust. The application to the court, notice, hearing, order of sale, and record of proceedings, shall all be in the manner hereinbefore provided with reference to the sale by guardians of the property of minors or other wards.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER XXVIII →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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