Trust incapable of execution or executed without exhausting trust-property

Of Certain Obligations in the Nature of Trusts

Trust incapable of execution or executed without exhausting trust-property.—Where a trust is incapable of being executed, or where the trust is completely executed without exhausting the trust-property, the trustee, in the absence of a direction to the contrary, must hold the trust-property, or so much thereof as is unexhausted, for the benefit of the author of the trust or his legal representative.