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§ 19205 — Vermont Law | CourtGPT
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  5. Chapter 209 - Conservation, Liquidation, and Insolvency§ 19101. Applicability to Vermont Financial Institutions; Independent Trust Companies; State Financial Institutions/
  6. § 19205
Vermont Legal Code

§ 19205

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However, if all of the beneficiaries, named in any trust that the financial institution for which the conservator is appointed was trustee, desire another trustee appointed to administer and manage the trust, the Probate Division may appoint a new trustee for the trust. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001.)