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http://www.businessdictionary.com/definition/statutory-trust.html
Definition of statutory trust: Trust created by operation of law where a real property is held by trustees for immediate or eventual sale at their discretion. All income from …
https://en.wikipedia.org/wiki/Delaware_statutory_trust
No legal recognition of statutory trusts existed until the passage of the Delaware Statutory Trust Act (DSTA), 12 Del. C. 3801 et. Seq., in 1988. Under The Act, developed on the premise of trust law, statutory trusts were now recognized as their own legal entity, separate from their trustee(s), offering freedom from the corporate law template.
https://www.floridaprobatelitigationlawyer.com/support_trusts_under_florida_l/
May 16, 2014 · Under Florida law, a trustee is required to “administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries, and in accordance with” Florida’s statutory scheme. § 736.0801, Fla. Stat. (2013).
https://www.avvo.com/legal-answers/what-is-statutory-trust--and-can-any-other-trust---1459172.html
Oct 20, 2013 · A trust created pursuant to a statute is a statutory trust, a trust created by a trust agreement may or may not be a statutory trust, but either may sue or be sued in Illinois
http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0700-0799/0736/Sections/0736.0103.html
Nov 08, 2019 · (4) “Beneficiary” means a person who has a present or future beneficial interest in a trust, vested or contingent, or who holds a power of appointment over trust property in a capacity other than that of trustee. An interest as a permissible appointee of a power of appointment, held by a person in a capacity other than that of trustee, is not a beneficial interest for purposes of this ...
https://www.michbar.org/file/barjournal/article/documents/pdf4article1670.pdf
The Michigan Trust Code (MTC) provides the citizens of Michigan with the state’s fi rst comprehensive codifi cation of the law of trusts. The MTC is a uniquely Michigan document that draws from both the Uniform Trust Code and existing Michigan law to preserve long-established procedures, practices, and principles concerning trusts
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