Maine Revised Statutes
Chapter 21: MAINE UNIFORM DIRECTED TRUST ACT
18-B §2106. Powers of trust director

§2106. Powers of trust director
1.  Power of direction.  Subject to section 2107, the terms of a trust may grant a power of direction to a trust director.  
[PL 2019, c. 301, §8 (NEW).]
2.  Powers of trust director.  Unless the terms of a trust provide otherwise:  
A. A trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the director under subsection 1; and   [PL 2019, c. 301, §8 (NEW).]
B. Trust directors with joint powers shall act by majority decision.   [PL 2019, c. 301, §8 (NEW).]
[PL 2019, c. 301, §8 (NEW).]
SECTION HISTORY
PL 2019, c. 301, §8 (NEW).

Structure Maine Revised Statutes