231k views
5 votes
How were replacement trustees to be chosen

1 Answer

3 votes

Answer:

In this case, the retiring trustee can be replaced by someone chosen either by a person nominated in the trust deed to choose a replacement trustee or (if there is no such power) by the remaining trustees. ... The court has an inherent jurisdiction to sanction the retirement of any trustee.

User Mike McCoy
by
7.6k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.