Powers of trust director
14A V.S.A. § 1306
in effect1306. Powers of trust director
(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.
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/14A/013/01306Fetched: 10/21/2026
