Vermont § 1306 Powers of trust director

Vermont Statutes

§ 1306 — Powers of trust director

Vermont § 1306

Title 14ATitle 14A: Trusts

Ch. 13Chapter 013: Uniform Directed Trust Act

This text of Vermont § 1306 (Powers of trust director) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 14A, § 1306 (2026).

Text

(a)Subject to section 1307 of this title, the terms of a trust may grant a power of direction to a trust director.

(b)Unless the terms of a trust provide otherwise:

(1)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 (a) of this section; and

(2)trust directors with joint powers must act by majority decision. (Added 2023, No. 104 (Adj. Sess.), § 1, eff. May 13, 2024.)

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(a) Subject to section 1307 of this title, the terms of a trust may grant a power of direction to a trust director.
(b) Unless the terms of a trust provide otherwise:
(1) 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 (a) of this section; and
(2) trust directors with joint powers must act by majority decision. (Added 2023, No. 104 (Adj. Sess.), § 1, eff. May 13, 2024.)