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Miss. Code Ann. § 91-8-707

Delivery of property by former trustee

Known as the Mississippi Uniform Trust Code

The act spans §§ 91–91 (104 sections).

Laws, 2014, ch. 421, § 50, eff from and after July 1, 2014.

Unless a cotrustee remains in office or the court otherwise orders, and until the trust property is delivered to a successor trustee or other person entitled to it, a trustee who has resigned or been removed has the duties of a trustee and the powers necessary to protect the trust property.

A trustee who has resigned or been removed shall, within a reasonable time, deliver the trust property within the trustee’s possession to the cotrustee, successor trustee, or other person entitled to it.

Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.