mortmain statute
- A law that restricts usually charitable corporations or corporate bodies from owning real estate indefinitely or sets boundaries on bequests left to such corporations
- The legislature enacted the mortmain statute to prevent an imbalance in land ownership.
- Under the mortmain statute, the charity was unable to keep the donated land forever.
- Her will bequeathed property to a charity, but the mortmain statute limited how the charity could hold this property.
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