72-40-120. Office of trust director. 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 72-38-701;
(2) giving of bond to secure performance under 72-38-702;
(3) reasonable compensation under 72-38-708;
(4) resignation under 72-38-705;
(5) removal under 72-38-706; and
(6) vacancy and appointment of successor under 72-38-704.
History: En. Sec. 16, Ch. 325, L. 2021.