701.0306 Designated representative.
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701.0306 Designated representative.
(1)If specifically nominated in the trust instrument, one or more persons may be designated to represent and bind a beneficiary and receive any notice, information, accounting, or report. The trust instrument may also authorize any one or more persons to designate one or more persons to represent and bind a beneficiary and receive any notice, information, accounting, or report.
(2)Except as otherwise provided in this chapter, a person designated in sub.
(1)may not represent and bind a beneficiary while that person is serving as trustee.