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 44D-7-701 of this code;
(2) Giving of bond to secure performance under 44D-7-702 of this code;
(3) Reasonable compensation under 44D-7-708 of this code;
(4) Resignation under 44D-7-705 of this code;
(5) Removal under 44D-7-706 of this code; and
(6) Vacancy and appointment of successor under 44D-7-704 of this code.
Structure West Virginia Code
Chapter 44D. Uniform Trust Code
Article 8A. West Virginia Uniform Directed Trust Act
§44D-8A-803. Application; Principal Place of Administration
§44D-8A-804. Common Law and Principles of Equity
§44D-8A-806. Powers of Trust Director
§44D-8A-807. Limitations on Trust Director
§44D-8A-808. Duty and Liability of Trust Director
§44D-8A-809. Duty and Liability of Directed Trustee
§44D-8A-810. Duty to Provide Information to Trust Director or Trustee
§44D-8A-811. No Duty to Monitor, Inform, or Advise
§44D-8A-812. Application to Cotrustee
§44D-8A-813. Limitation of Action Against Trust Director
§44D-8A-814. Defenses in Action Against Trust Director
§44D-8A-815. Jurisdiction Over Trust Director