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Code · Pennsylvania · Title 20 — DECEDENTS, ESTATES AND FIDUCIARIES · Chapter 77

§ 7780.15. Powers of trust director and shared powers - UDTA 6.

85 words·~1 min read·/pa/title-20/chapter-77/7780-15·

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§ 7780.15. Powers of trust director and shared powers - UDTA 6.
(a)Grant of powers.-- The terms of a trust may grant a power of direction to one or more trust directors. A power of direction may extend to any one or more of a trustee's powers, subject to section 7780.18 (relating to limitations on powers of trust director - UDTA 7).
(b)Shared powers.-- Trust directors that share powers may act by majority decision unless the terms of the trust provide otherwise.
20c7780.16s
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