Current through the 2024 Fourth Special Session
Section 75-12-106 - Powers of trust director(1) Subject to Section 75-12-107, the terms of a trust may grant a power of direction to a trust director.(2) 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(b) trust directors with joint powers shall act by majority decision.Added by Chapter 153, 2019 General Session ,§ 11, eff. 5/14/2019.