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18-B §2116. Office of trust director (WHOLE SECTION TEXT EFFECTIVE 1/1/20 by T. 18-B, §2119)

18-B ME Rev Stat § 2116 (2019) (N/A)
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§2116. Office of trust director

(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)

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

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).]

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).

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18-B §2115. Jurisdiction over trust director (WHOLE SECTION TEXT EFFECTIVE 1/1/20 by T. 18-B, §2119)
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18-B §2117. Uniformity of application and construction (WHOLE SECTION TEXT EFFECTIVE 1/1/20 by T. 18-B, §2119)