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Beneficiaries

Cap. 24:02, s. 60 · Revised Edition 2020

Unless the foundation charter or the by-laws provide otherwise, the foundation council may appoint additional beneficiaries, may exclude a beneficiary from benefit, or may impose upon a beneficiary a specific condition precedent to the distribution of the foundation endowment to the beneficiary.
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Beneficiaries — Cap. 24:02 s. 60 · Belize Law