US Lawyer Database

§44D-8A-814. Defenses in Action Against Trust Director

In an action against a trust director for breach of trust, the director may assert the same defenses a trustee in a like position and under similar circumstances could assert in an action for breach of trust against the trustee.

§44D-8A-815. Jurisdiction Over Trust Director

(a) By accepting appointment as a trust director of a trust subject to this article, the director submits to personal jurisdiction of the courts of this state regarding any matter related to a power or duty of the director. (b) 44D-8A-815 of this code does not preclude other methods of obtaining jurisdiction over a trust […]

§44D-8A-816. Office of Trust Director

Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding the following matters: (1) Acceptance under 44D-7-701 of this code;

§44D-8B-2. Definitions

In addition to the definitions contained in 44D-1-103 of this code which apply to this article: (1) “Appointive property” means the property or property interest subject to a power of appointment.

§44D-8B-3. Scope

(a) Except as otherwise provided in subsections (b) and (c) of this section, this article applies to an express trust that is irrevocable or revocable by the grantor only with the consent of the trustee or a person holding an adverse interest. (b) This article does not apply to a trust held solely for charitable […]

§44D-8A-802. Definitions

In addition to the definitions contained in 44D-1-103 of this code, as used in this article: (1) “Breach of trust” means a violation by a trust director or trustee of a duty imposed on that director or trustee by the terms of the trust, this article, or law of this state, other than this article […]