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§ 44d-8b-18 — West Virginia Law | CourtGPT
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  4. Chapter 44d - Uniform Trust Code/
  5. Article 8b - West Virginia Uniform Trust Decanting Act§44d-8b-1. Short Title/
  6. § 44d-8b-18
West Virginia Legal Code

§ 44d-8b-18

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An authorized fiduciary may not exercise the decanting power to modify a provision in a first-trust instrument granting another person power to remove or replace the fiduciary unless:(1) The person holding the power consents to the modification in a signed record and the modification applies only to the person;(2) The person holding the power and the qualified beneficiaries of the second trust consent to the modification in a signed record and the modification grants a substantially similar power to another person; or(3) The court approves the modification and the modification grants a substantially similar power to another person.