Miss. Code § 91-8-714

Current through the 2024 Regular Session
Section 91-8-714 - Directed trusts; resignation of fiduciary
(a) A trust advisor, trust protector, or other fiduciary other than a cotrustee, a cotrustee's resignation already being provided for in Section 91-8-705, may resign its appointment as the respective fiduciary in a like manner as provided for a trustee under Section 91-8-705.
(b) When exercising its powers under this section relative to resignation, the court shall consider the powers, duties, and liabilities relative to the respective fiduciaries other than a cotrustee and whether any of the respective fiduciaries are excluded fiduciaries.

Miss. Code § 91-8-714

Added by Laws, 2014, ch. 421, SB 2727, 57, eff. 7/1/2014.