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§2115
Title 18-B: TRUSTS
Part 2: MAINE UNIFORM DIRECTED TRUST ACT
Chapter 21: MAINE UNIFORM DIRECTED TRUST ACT
§2117

§2116. Office of trust director

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).
The Revisor's Office cannot provide legal advice or interpretation of Maine law to the public.
If you need legal advice, please consult a qualified attorney.
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