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Vt. Stat. Ann. tit. 14A, § 1316

Office of trust director

Known as the Uniform Directed Trust Act

The act spans §§ 14A-1301–14A-1318 (18 sections).

Added 2023, No. 104 (Adj

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 under section 701 of this title;

(2) giving of bond to secure performance under section 702 of this title;

(3) reasonable compensation under section 708 of this title;

(4) resignation under section 705 of this title;

(5) removal under section 706 of this title; and

(6) vacancy and appointment of successor under section 704 of this title.

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