Article 1012: Trust agreement for the custody of property

1. Under a trust agreement for the administration of property, one party (the parent of the administration) transfers the property to the other party (the trustee) for a specified period of time. and the other party undertakes to administer the property in the interest of the founder of the administration or of the person designated by him (beneficiary). 2. In the exercise of the trust in the property, the trustee is entitled to administer the property in respect of the property. In accordance with a trust agreement, any legal and factual action in favour of the beneficiary may be limited by law or contract. 3. Transactions with assets transferred to the trustee shall be made by the trustee on his or her own behalf, stating that he or she is This condition is met if the other party is informed of the commission of acts that do not require writing. In the absence of an indication of the action of the trustee, the name of the trustee shall be followed by the reference to «D.O.». 4. The trustee shall be responsible to third parties in person and shall answer to them only the property owned by him/her. 5. The trusting characteristics of public roads of federal importance are laid down by law.