Delaware Code Title 12 Sec. 3306 – Deviation from terms of instrument
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Subject to the provisions of § 3303 of this title, nothing contained in this chapter shall be construed as restricting the power of a court of proper jurisdiction to permit fiduciaries to deviate from the terms of any will, agreement or other instrument relating to the acquisition, investment, reinvestment, exchange, retention, sale or management of fiduciary property.
25 Del. Laws, c. 226, § ?3; Code 1915, § ?3875; 37 Del. Laws, c. 259, § ?1; 40 Del. Laws, c. 230, § ?1; Code 1935, § ?4401; 44 Del. Laws, c. 171, § ?1; 12 Del. C. 1953, § ?3306; 76 Del. Laws, c. 254, § ?4;
Terms Used In Delaware Code Title 12 Sec. 3306
- Court: means the Court of Chancery. See Delaware Code Title 12 Sec. 39A-101
- Fiduciary: A trustee, executor, or administrator.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.