Title 18-B: TRUSTS

Part 2: MAINE UNIFORM DIRECTED TRUST ACT

Chapter 21: MAINE UNIFORM DIRECTED TRUST ACT

§2112. Application to cotrustee

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).