§ 1013. Certification of trust
§ 1013. Certification of trust (a) Instead of furnishing a copy of the trust instrument to a person other than a beneficiary, the trustee of a trust at any time after execution or creation of a trust may execute a certificate of trust that sets forth less than all of the provisions of a trust […]
§ 1101. Trust advisors and trust protectors
§ 1101. Trust advisors and trust protectors (a) A trust protector or trust advisor is any person, other than a trustee, who under the terms of the trust, an agreement of the qualified beneficiaries authorized by the terms of the trust, or a court order has a power or duty with respect to a trust, […]
§ 1102. Trust advisors and trust protectors as fiduciaries
§ 1102. Trust advisors and trust protectors as fiduciaries (a) A trust advisor or trust protector is a fiduciary with respect to each power granted to such trust advisor or trust protector. In exercising any power or refraining from exercising any power, a trust advisor or trust protector shall act in good faith and in […]
§ 1103. Trust advisor and trust protector subject to court jurisdiction
§ 1103. Trust advisor and trust protector subject to court jurisdiction By accepting appointment to serve as a trust advisor or trust protector, the trust advisor or the trust protector submits personally to the jurisdiction of the courts of this State even if investment advisory agreements or other related agreements provide otherwise, and the trust […]
§ 1104. No duty to review actions of trustee, trust advisor, or trust protector
§ 1104. No duty to review actions of trustee, trust advisor, or trust protector (a) Whenever, pursuant to the terms of a trust, an agreement of the qualified beneficiaries authorized by the terms of the trust, or a court order, an excluded fiduciary is to follow the direction of a trustee, trust advisor, or trust […]
§ 1105. Fiduciary’s liability for action or inaction of trustee, trust advisor, and trust protector
§ 1105. Fiduciary’s liability for action or inaction of trustee, trust advisor, and trust protector An excluded fiduciary is not liable for: (1) any loss resulting from any action or inaction of a trustee, trust advisor, or trust protector; or (2) any loss that results from the failure of a trustee, trust advisor, or trust […]
§ 1201. Uniformity of application and construction
§ 1201. Uniformity of application and construction In applying and construing this title, consideration must be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it. (Added 2009, No. 20, § 1.)
§ 1202. Electronic records and signatures
§ 1202. Electronic records and signatures The provisions of this title governing the legal effect, validity, or enforceability of electronic records or electronic signatures and of contracts formed or performed with the use of such records or signatures conform to the requirements of Section 102 of the Electronic Signatures in Global and National Commerce Act […]
§ 1203. Severability clause
§ 1203. Severability clause If any provision of this title or its application to any person or circumstances is held invalid, the invalidity does not affect other provisions or applications of this title which can be given effect without the invalid provision or application, and to this end the provisions of this title are severable. […]
§ 1204. Application to existing relationships
§ 1204. Application to existing relationships (a) Except as otherwise provided in this title, on the effective date of this title: (1) this title applies to all trusts created before, on, or after its effective date; (2) this title applies to all judicial proceedings concerning trusts commenced on or after its effective date; (3) this […]