Sections
§ 501 Powers of appointment; effect of rule against perpetuities 25
§ 502 Release of powers of appointment 25
§ 503 Rule against perpetuities 25
§ 504 Certain powers of appointment 25
§ 505 Exercise of powers of appointment 25
§ 506 Rule against accumulations 25

Terms Used In Delaware Code > Title 25 > Chapter 5

  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Division: means the Division of Professional Regulation. See Delaware Code Title 24 Sec. 2502
  • Docket: A log containing brief entries of court proceedings.
  • Donee: The recipient of a gift.
  • Donor: The person who makes a gift.
  • Drug: means :

    a. See Delaware Code Title 24 Sec. 2502

  • Executive Secretary: means the executive secretary of the Delaware State Board of Pharmacy who shall be a pharmacist. See Delaware Code Title 24 Sec. 2502
  • Grantee: includes every person to whom a freehold estate or interest is conveyed. See Delaware Code Title 6 Sec. 4307
  • Intestate: Dying without leaving a will.
  • Person: means a natural person or an entity. See Delaware Code Title 24 Sec. 2502
  • Personal property: All property that is not real property.
  • Pharmacy: means a place where drugs are compounded or dispensed. See Delaware Code Title 24 Sec. 2502
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • real property: is synonymous with the phrase "lands, tenements and hereditaments. See Delaware Code Title 6 Sec. 4307
  • Revocable trust: A trust agreement that can be canceled, rescinded, revoked, or repealed by the grantor (person who establishes the trust).
  • State: means the State of Delaware. See Delaware Code Title 24 Sec. 2502
  • Statute: A law passed by a legislature.
  • Testator: A male person who leaves a will at death.
  • Trustor: The person who makes or creates a trust. Also known as the grantor or settlor.