Application to cotrustee

14A V.S.A. ch. 013, § 1312, under Uniform Directed Trust Act.

14A V.S.A. ch. 013, § 1312

§ 1312. Application to cotrustee

The terms of a trust may relieve a cotrustee from duty and liability with respect to another cotrustee’s exercise or nonexercise of a power of the other cotrustee to the same extent that in a directed trust a directed trustee is relieved from duty and liability with respect to a trust director’s power of direction under sections 1309–1311 of this title. (Added 2023, No. 104 (Adj. Sess.), § 1, eff. May 13, 2024.)