Prohibition Against Court Order to Invade Principal. No interest in the principal or income of any Trust Account shall be anticipated, assigned or encumbered pursuant to the authority of section 7-1.6 of New York’s Estate, Powers and Trusts Law or any other comparable state or federal rule, regulation, statute or constitutional. EPTL 7-1.6(b) shall not apply.
Appears in 3 contracts
Samples: www.clcpooledtrust.org, www.clcpooledtrust.org, 0104.nccdn.net
Prohibition Against Court Order to Invade Principal. No interest in the principal or income of any Trust Account shall be anticipated, assigned or encumbered pursuant to the authority of section 7-1.6 of New York’s 's Estate, Powers and Trusts Law or any other comparable state or federal rule, regulation, statute or constitutional. EPTL 7-1.6(b) shall not apply.
Appears in 2 contracts
Samples: Trust Agreement, Trust Agreement