Massachusetts General Laws ch. 203E sec. 507 – Personal obligations of trustee
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Section 507. Personal obligations of trustee
Terms Used In Massachusetts General Laws ch. 203E sec. 507
- Trustee: A person or institution holding and administering property in trust.
Trust property shall not be subject to personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt.
ARTICLE 6 REVOCABLE TRUSTS