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2021 Statute



Prev Article 7. - OFFICE OF TRUSTEENext


58a-707.Delivery of property by former trustee. (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.



Prev Article 7. - OFFICE OF TRUSTEENext
2024. Powered by KLISS. Rendered: 2024-03-29T05:29:07. Head Rev No: 893615(E)