Vermont § 1316 Office of trust director

Vermont Statutes

§ 1316 — Office of trust director

Vermont·Title 14A Title 14A: Trusts·Ch. 13 Chapter 013: Uniform Directed Trust Act

Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters:

(1)acceptance under section 701 of this title;

(2)giving of bond to secure performance under section 702 of this title;

(3)reasonable compensation under section 708 of this title;

(4)resignation under section 705 of this title;

(5)removal under section 706 of this title; and

(6)vacancy and appointment of successor under section 704 of this title. (Added 2023, No. 104 (Adj. Sess.), § 1, eff. May 13, 2024; amended 2025, No. 64, § 15, eff. June 12, 2025.)

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Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters:
(1) acceptance under section 701 of this title;
(2) giving of bond to secure performance under section 702 of this title;
(3) reasonable compensation under section 708 of this title;
(4) resignation under section 705 of this title;
(5) removal under section 706 of this title; and
(6) vacancy and appointment of successor under section 704 of this title. (Added 2023, No. 104 (Adj. Sess.), § 1, eff. May 13, 2024; amended 2025, No. 64, § 15, eff. June 12, 2025.)

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