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Senate Status:
2021 Statute
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58a-707. (a) Unless a cotrustee remains in office or the court otherwise orders, and until the trust property is delivered to a successor trustee or other person entitled to it, a trustee who has resigned or been removed has the duties of a trustee and the powers necessary to protect the trust property. (b) A trustee who has resigned or been removed shall proceed expeditiously to deliver the trust property within the trustee's possession to the cotrustee, successor trustee, or other person entitled to it. |
History: L. 2002, ch. 133, § 55; Jan. 1, 2003. |
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2024. Powered by KLISS. Rendered: 2024-05-02T19:37:13. Head Rev No: 893617(E)