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cy pres doctrine

 

Definitions from WordNet

Noun cy pres doctrine has 1 sense
  1. cy pres, rule of cy pres, 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
    --1 is a kind of rule, regulation

Definitions from the Web

Cy Pres Doctrine

Definition: The cy pres doctrine is a legal principle that allows a court to interpret and modify the terms of a charitable trust or will when the original purpose becomes impossible, impractical, or illegal to fulfill. It enables the court to redirect the assets or use of funds to an alternative charitable purpose that closely aligns with the donor's original intent.

Senses:

  1. Legal: Referring to the principle used by courts to modify the terms of a charitable trust or will.

Usages:

  1. Popular: The cy pres doctrine allows for the continued charitable use of funds even when the original purpose is no longer feasible.
  2. Local: The local court applied the cy pres doctrine to redirect the funds from the abandoned community center to a nearby educational institution.

Sample Sentences:

  • The court invoked the cy pres doctrine to ensure the funds would benefit a similar cause after the intended recipient ceased to exist.
  • Due to changing circumstances, the charity's mission had to be altered under the cy pres doctrine, allowing it to adapt to the needs of the community.

Related products:

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