Appointment by court having jurisdiction; power to renounce appointment

Sec. 21. A court or an officer of a court having jurisdiction to: (1) grant letters of guardianship; (2) appoint a trustee, guardian, receiver, or committee of the estate of a person; (3) appoint a committee, trustee, or receiver in insolvency or bankruptcy proceedings, or in any other proceeding or action, under state or federal law; or (4) make any other fiduciary appointment provided for in this article; may appoint a corporate fiduciary. However, the corporate fiduciary is not required to accept the appointment. As added by P.L.262-1995, SEC.90. Amended by P.L.11-2023, SEC.92.