Massachusetts General Laws ch. 190B sec. 3-913 – Distributions to trustee
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Section 3–913. [Distributions to Trustee.]
Terms Used In Massachusetts General Laws ch. 190B sec. 3-913
- Trustee: A person or institution holding and administering property in trust.
(a) If a trust instrument does not excuse the trustee from giving bond, before distributing to a trustee a personal representative may petition the appropriate court to require that the trustee post bond with sureties if the personal representative apprehends that distribution might jeopardize the interests of persons who are not able to protect themselves, and the personal representative may withhold distribution until the court has acted.
(b) No inference of negligence on the part of the personal representative shall be drawn from his failure to exercise the authority conferred by subsection (a).