Duties of Co-Trustees

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Sec. 8. (Duties of Co-Trustee)

Unless the terms of the trust provide otherwise, if there are two (2) or more trustees, each has a duty to:

(a) participate in the administration of the trust;

(b) take whatever action is reasonable to prevent a co-trustee from committing a breach of trust; and

(c) take whatever action is reasonable to compel a co-trustee to redress a breach of trust.

Formerly: Acts 1971, P.L.416, SEC.4.


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