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18-B §2112. Application to cotrustee (WHOLE SECTION TEXT EFFECTIVE 1/1/20 by T. 18-B, §2119)

18-B ME Rev Stat § 2112 (2019) (N/A)
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§2112. Application to cotrustee

(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)

(WHOLE SECTION TEXT EFFECTIVE 1/1/20 by T. 18-B, §2119)

The terms of a trust may relieve a cotrustee from duty and liability with respect to another cotrustee's exercise or nonexercise of a power of the other cotrustee to the same extent that in a directed trust a directed trustee is relieved from duty and liability with respect to a trust director's power of direction under sections 2109 to 2111.   [PL 2019, c. 301, §8 (NEW).]

SECTION HISTORY

PL 2019, c. 301, §8 (NEW).

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18-B §2111. No duty to monitor, inform or advise (WHOLE SECTION TEXT EFFECTIVE 1/1/20 by T. 18-B, §2119)
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18-B §2113. Limitation of action against trust director (WHOLE SECTION TEXT EFFECTIVE 1/1/20 by T. 18-B, §2119)