14. Every person who holds property in trust or in any other manner for any of the purposes mentioned in section 9 of this Act, and every person upon whom such property devolves, may transfer the same in whole or in part to any legal person constituted under the authority of this Act; the latter legal person shall then be responsible for the trusts affecting such property to the extent of the property so received.
R. S. 1964, c. 304, s. 14; 1999, c. 40, s. 127.