Tennessee Statutes
§ 35-15-711 — Directed trusts - Accepting or declining fiduciary appointment
Tennessee·Title 35
(a)A trust advisor, trust protector or other fiduciary other than a cotrustee, such cotrustee already being provided for in § 35-15-701(a) , may accept its appointment as such respective fiduciary in a like manner as provided for a trustee under § 35-15-701(a) .
(b)A trust advisor, trust protector or other fiduciary other than a cotrustee, such cotrustee already being provided for in § 35-15-701(b) , may reject its appointment as such respective fiduciary in a like manner as provided for a trustee under § 35-15-701(b) .
(c)A trust advisor, trust protector or other fiduciary other than a cotrustee, such cotrustee already being provided for in § 35-15-701(c) , may, without accepting its appointment as such respective fiduciary, carry out the appropriate activities relative to such respect
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Tennessee § 35-15-711 (Directed trusts - Accepting or declining fiduciary appointment) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by 2013 Tenn. Acts, ch. 390, s 29, eff. 7/1/2013.
Nearby Sections
15
§ 35-1-102
Appointment of public trustee§ 35-10-101
Short title§ 35-10-102
Chapter definitions§ 35-10-107
Reviewing compliance§ 35-10-108
Application to existing institutional funds§ 35-10-110
Uniformity of application and construction§ 35-11-101
Funds placed in trust - Trustee