A person designated as trustee who has not yet accepted the trusteeship may reject the trusteeship, but may not accept part of it and reject the other. A designated trustee who does not accept the trusteeship within a term of sixty (60) days, is deemed to have rejected the trusteeship, unless a competent court rules that a longer term is necessary given the particular circumstances. A person designated as trustee accepts the trusteeship by substantially complying with the method of acceptance provided by the trustor in the terms of the trust. If the terms of the trust do not provide for this method or the method provided in the terms is not expressly made inclusive, the trustee may state such acceptance by executing the trust or a separate instrument.However, a person designated as trustee, before accepting, may:(a) Act to preserve the trust property if, within a reasonable time after acting, the person sends a rejection of the trusteeship to the trustor or his heirs.(b) Inspect or investigate trust property to determine potential liability. History —Aug. 31, 2012, No. 219, § 20.