Maine Revised Statutes Title 18-B Sec. 2116 – Office of trust director
Current as of: 2023 | Check for updates
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Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters: [PL 2019, c. 301, §8 (NEW).]
1. Acceptance. Acceptance under the Maine Uniform Trust Code, section 701;
[PL 2019, c. 301, §8 (NEW).]
Terms Used In Maine Revised Statutes Title 18-B Sec. 2116
- Trustee: A person or institution holding and administering property in trust.
2. Bond to secure performance. Giving of bond to secure performance under the Maine Uniform Trust Code, section 702;
[PL 2019, c. 301, §8 (NEW).]
3. Reasonable compensation. Reasonable compensation under the Maine Uniform Trust Code, section 708;
[PL 2019, c. 301, §8 (NEW).]
4. Resignation. Resignation under the Maine Uniform Trust Code, section 705;
[PL 2019, c. 301, §8 (NEW).]
5. Removal. Removal under the Maine Uniform Trust Code, section 706; and
[PL 2019, c. 301, §8 (NEW).]
6. Successor. Vacancy and appointment of successor under the Maine Uniform Trust Code, section 704.
[PL 2019, c. 301, §8 (NEW).]
SECTION HISTORY
PL 2019, c. 301, §8 (NEW).