Public-domain · open source
OpenJurist

20 Pa.C.S. § 7780.15

Powers of trust director and shared powers - UDTA 6

Known as the Probate, Estates and Fiduciaries Code

The act spans §§ 20-101 to 20-925 (744 sections).

(a) Grant of powers.--The terms of a trust may grant a power of direction to one or more trust directors. A power of direction may extend to any one or more of a trustee's powers, subject to section 7780.18 (relating to limitations on powers of trust director - UDTA 7).

(b) Shared powers.--Trust directors that share powers may act by majority decision unless the terms of the trust provide otherwise.

Official source: Pennsylvania General Assembly. Reproduced from public-domain Pennsylvania statutes; confirm against the official source for the current text. Not legal advice.