43 U.S.C. § 390nn — Trusts

(a) The ownership and full-cost pricing limits of this subchapter, and the ownership limits found anywhere else in federal reclamation law, do not apply to land in a district that an individual or corporate trustee holds in trust for one or more beneficiaries — as long as those beneficiaries' interests in the land stay within federal reclamation law's ownership and pricing limits. (b) Land placed in a revocable trust is treated as belonging to the person who created the trust (the grantor) if either of these is true: (1) the grantor can revoke the trust at will, and doing so would send the land's title back to the grantor, directly or indirectly; or (2) the trust automatically ends after a set period of time, and that ending sends the land's title back to the grantor, directly or indirectly.