Section 2106 - Powers of trust director1.Power of direction. Subject to section 2107, the terms of a trust may grant a power of direction to a trust director. [2019, c. 301, §8 (NEW).]
2.Powers of trust director. Unless the terms of a trust provide otherwise: A. 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 1; and [2019, c. 301, §8 (NEW).]B. Trust directors with joint powers shall act by majority decision. [2019, c. 301, §8 (NEW).] [2019, c. 301, §8 (NEW).]
Added by 2019, c. 301,§ 8, eff. 9/19/2019.