Trust director—Rules applicable to trustees apply.

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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;

(2) Giving of bond to secure performance;

(3) Reasonable compensation;

(4) Resignation;

(5) Removal; and

(6) Vacancy and appointment of successor.

[ 2020 c 303 § 16.]


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