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(a)
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(1) After notice to the qualified beneficiaries, a trustee may combine two (2) or more trusts into a single trust or divide a trust into two (2) or more separate trusts, if the result does not impair rights of any beneficiary or adversely affect achievement of the purposes of the trust.
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(2) A trustee may exercise the authority granted in this section without court approval.
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(b) This section does not repeal the Trustee Division of Trusts Act, § 28-69-701 et seq.
