55-4-3. Number of trustees for exercise of powers.
49 words·~1 min read·
/sd/title-55/chapter-55-4/55-4-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Unless it is otherwise provided by the trust instrument, or an amendment thereof, or by court order, any power vested in three or more trustees may be exercised by a majority of such trustees and any power vested in two trustees shall be exercised by both of such trustees.