Section 106 – Powers of trust director.

• (1) Subject to Section 75-12-107, the terms of a trust may grant a power of direction to a trust director.

• (2) Unless the terms of a trust provide otherwise:
  • (a) a trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the director under Subsection (1); and
  • (b) trust directors with joint powers shall act by majority decision.

Enacted by Chapter 153, 2019 General Session