72-33-611. Cotrustees. (1) Unless otherwise provided in the trust instrument, a power vested in two trustees may only be exercised by their unanimous action.
(2) Unless otherwise provided in the trust instrument, a power vested in three or more trustees may be exercised by a majority of such trustees.
History: En. Sec. 51, Ch. 685, L. 1989.
72-33-611. Cotrustees. (1) Unless otherwise provided in the trust instrument, a power vested in two trustees may only be exercised by their unanimous action.
(2) Unless otherwise provided in the trust instrument, a power vested in three or more trustees may be exercised by a majority of such trustees.
History: En. Sec. 51, Ch. 685, L. 1989.
72-33-611. Cotrustees. (1) Unless otherwise provided in the trust instrument, a power vested in two trustees may only be exercised by their unanimous action.
(2) Unless otherwise provided in the trust instrument, a power vested in three or more trustees may be exercised by a majority of such trustees.
History: En. Sec. 51, Ch. 685, L. 1989.
