Vt. Stat. tit. 14A § 1316

Current through L. 2024, c. 142.

Section 1316 - Office of trust director

Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters:

(1) acceptance under section 701 of this title;

(2) giving of bond to secure performance section 702 of this title;

(3) reasonable compensation section 708 of this title;

(4) resignation section 705 of this title;

(5) removal section 706 of this title; and

(6) vacancy and appointment of successor section 704 of this title.

14A V.S.A. § 1316

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