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.)
Vermont Legal Code