Words and Phrases - "vest indefeasibly"

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IT-449R "Meaning of 'Vested Indefeasibly'"

Summary Under
Tax Topics - Income Tax Act - Section 70 - Subsection 70(6)

Indefeasible vesting where rights held in trust for multiple beneficiaries

1. ... Where property is held in trust for the benefit of one or more...

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Words and Phrases
vest indefeasibly