Pub. L. 89-183, pt. III, tit. 20, ch. 11, sec. 20–1105

Survivor of several trustees

EnactedYear: 1965Length: 124 wordsOfficial source
§ 20–1105. Survivor of several trusteesWhere two or more trustees are appointed by the will to execute a trust, or are empowered to sell, dispose of, or convey lands or other property devised to them jointly, upon the death of any one or more of them the survivors may execute the trust or power. If one of the trustees, in writing, signed by him and attested by a witness, relinquishes or disclaims the trust or refuses to act under the will, and delivers the writing to the Probate Court for record, his right to act ceases, and the remaining trustees appointed by the will may execute the trusts of the will and make sales and execute conveyances and other acts necessary for that purpose.
Pub. L. 89-183, pt. III, tit. 20, ch. 11, sec. 20–1105: Survivor of several trustees | Justis AI