The Vermont Statutes Online
The Statutes below include the actions of the 2024 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 14A : Trusts
Chapter 013 : Uniform Directed Trust Act.
(Cite as: 14A V.S.A. § 1316)-
§ 1316. Office of trust director
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 section 702 of this title;
(3) reasonable compensation section 708 of this title;
(4) resignation section 705 of this title;
(5) removal section 706 of this title; and
(6) vacancy and appointment of successor section 704 of this title. (Added 2023, No. 104 (Adj. Sess.), § 1, eff. May 13, 2024.)
