Whenever the sole or surviving trustee dies or is removed or a trustee renounces a trust or a trust is created and no person is appointed by name or description to execute the same and whenever in such or any case a trustee shall be appointed by the Court of Chancery, then upon the giving by said trustee of the security required to be given by the trustee, all the trust property, estate and effects, of every kind whatsoever and wheresoever situate and being, shall forthwith and without any act or deed pass to and be vested in such new or succeeding trustee.
Structure Delaware Code
Title 12 - Decedents' Estates and Fiduciary Relations
Subchapter I. Appointment of Trustee by Court; Title of Appointee to Trust Property
§ 3501. Appointment authorized; effect of execution of power by appointee.
§ 3502. Procedure for appointment of trustee.
§ 3503. Appointment of trustee to convey realty; effect of conveyance by appointee.
§ 3504. Appointment of trustee to assign term of years; effect of assignment by appointee.
§ 3508. Appointment of fiduciary to receive benefits payable by the United States.
§ 3509. Vesting of title to trust property in successor trustee.