[ §554D-707] Delivery of property by former trustee.
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/hi/554d-707A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[ §554D-707] Delivery of property by former trustee.
(a)Unless a cotrustee remains in office or the court otherwise orders, and until the trust property is delivered to a successor trustee, or other person entitled to it, a trustee who has resigned or been removed has the duties of a trustee and the powers necessary to protect the trust property.
(b)A trustee who has resigned or been removed shall, within a reasonable time, deliver the trust property within the trustee's possession to the cotrustee, successor trustee, or other person entitled to it. [L 2021, c 32, pt of §2]