Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 7780.15 - Powers of trust director and shared powers - udta 6(a) Grant of powers.--The terms of a trust may grant a power of direction to one or more trust directors. A power of direction may extend to any one or more of a trustee's powers, subject to section 7780.18 (relating to limitations on powers of trust director - UDTA 7).(b)Shared powers.--Trust directors that share powers may act by majority decision unless the terms of the trust provide otherwise.Added by P.L. (number not assigned at time of publication) 2024 No. 64,§ 7, eff. 10/14/2024.