Directed trusts - Accepting or declining fiduciary appointment

(a) A trust advisor, trust protector or other fiduciary other than a cotrustee, such cotrustee already being provided for in § 35-15-701(a) , may accept its appointment as such respective fiduciary in a like manner as provided for a trustee under § 35-15-701(a) . (b) A trust advisor, trust protector or other fiduciary other than a cotrustee, such cotrustee already being provided for in § 35-15-701(b) , may reject its appointment as such respective fiduciary in a like manner as provided for a trustee under § 35-15-701(b) . (c) A trust advisor, trust protector or other fiduciary other than a cotrustee, such cotrustee already being provided for in § 35-15-701(c) , may, without accepting its appointment as such respective fiduciary, carry out the appropriate activities relative to such respective fiduciary as are provided for a trustee under § 35-15-701(c) . Added by 2013 Tenn. Acts, ch. 390, s 29, eff. 7/1/2013. (a) A trust advisor, trust protector or other fiduciary other than a cotrustee, such cotrustee already being provided for in § 35-15-701(a) , may accept its appointment as such respective fiduciary in a like manner as provided for a trustee under § 35-15-701(a) . (b) A trust advisor, trust protector or other fiduciary other than a cotrustee, such cotrustee already being provided for in § 35-15-701(b) , may reject its appointment as such respective fiduciary in a like manner as provided for a trustee under § 35-15-701(b) . (c) A trust advisor, trust protector or other fiduciary other than a cotrustee, such cotrustee already being provided for in § 35-15-701(c) , may, without accepting its appointment as such respective fiduciary, carry out the appropriate activities relative to such respective fiduciary as are provided for a trustee under § 35-15-701(c) . Added by 2013 Tenn. Acts, ch. 390, s 29, eff. 7/1/2013.