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The Laws of New York
Consolidated Laws of New York
CHAPTER 17-B
Estates, Powers & Trusts
ARTICLE 7
Trusts
PART 1
Rules Governing Trusts
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SECTION 7-1.1
When trust interests not to merge
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PART 1
Rules Governing Trusts
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SECTION 7-1.3
Purchase-money resulting trust abolished
This entry was published on 2014-09-22
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SECTION 7-1.2
Trustee of passive trust not to take
Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 7, PART 1
§ 7-1.2 Trustee of passive trust not to take

Every disposition of property shall be made directly to the person in
whom the right to possession and income is intended to be vested and not
to another in trust for such person, and if made to any person in trust
for another, no estate, legal or equitable, vests in the trustee. But
neither this section nor 7-1.1 shall apply to trusts arising or
resulting by implicaiton of law.