Vt. Stat. tit. 14A § 1306

Current through L. 2024, c. 142.
Section 1306 - Powers of trust director
(a) Subject to section 1307 of this title, the terms of a trust may grant a power of direction to a trust director.
(b) Unless the terms of a trust provide otherwise:
(1) a trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the director under subsection (a) of this section; and
(2) trust directors with joint powers must act by majority decision.

14A V.S.A. § 1306

Added by 2024, No. 104,§ 1, eff. 5/13/2024.