§2106. Powers of trust director
1.
Power of direction.
Subject to section 2107, the terms of a trust may grant a power of direction to a trust director.
[PL 2019, c. 301, §8 (NEW).]
2.
Powers of trust director.
Unless the terms of a trust provide otherwise:
A.
A trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the director under subsection 1; and
[PL 2019, c. 301, §8 (NEW).]
B.
Trust directors with joint powers shall act by majority decision.
[PL 2019, c. 301, §8 (NEW).]
[PL 2019, c. 301, §8 (NEW).]
SECTION HISTORY
PL 2019, c. 301, §8 (NEW).