DECLARATIONS OF TRUST

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP58-00453R000300010145-2
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: December 20, 2016
• Document Release Date: June 12, 2001
• Sequence Number: 145
• Publication Date: January 10, 1951
• Content Type: MEMO

Approved For Release 200;(/.7;;CIA-RDP58-00453R0O0300010145-2
Chief, r E
Law Division
Declarations of Trust
oia.
10 Januaz'y 1951'
1. A recent situation in which aroperty was purdhased >ry
the Government in the name of an Lndividual 'has focused our- at-
tention on the need for an explanation of ',hti steps taken ti)
protect the true interest of the Govt::,Tiren ,. We would appr .ciate
it if you could pass this on to the various case officers.
2. When property is purchased with Government money, and title
is placed in the name of the individual, a 'ecloration of trust should
be executed by the individual indicatin?" that true ownership is in the
Government. To protect the Government's interest age{inst the pcs si-
bility that title may have to be transferred from that individual to
another person at a later date, Pnd the first person may n longer
be on hand to execute a subsecuerit Declaration of Trust, aisecond
instrument should be initially signed by the individual i_nl4favor of
an unnamed person.
3. The Law Division will be plea ed to supply he nec >ssary forms
on request. These can, of course, br.: ste'ile for transmi*ion to the
field, although it it preferable to have them run steci_fioIv:lly to CTA
rather than to the U. S. Govt ^nnent in general.
1 -1
cc: Subject
Chrono
Approved For Release 2007/dIt" . ` Ia-RDP58-004538000390010145-2