Creditors of trustee have no rights in business trust property.

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47-14A-23. Creditors of trustee have no rights in business trust property.

No creditor of the trustee has any right to obtain possession of, or otherwise exercise legal or equitable remedies with respect to, the property of the business trust with respect to any claim against, or obligation of, such trustee in its individual capacity and not related to the business trust.

Source: SL 2001, ch 245, §23.


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