Added by Stats. 2023, Ch. 721, Sec. 3. (SB 801) Effective January 1, 2024.
Unless the terms of a trust provide otherwise, the rules applicable to a trustee apply to a trust director regarding all of the following matters:
(a)Acceptance under Sections 15600 and 15601.
(b)Giving of a bond to secure performance under Section 15602.
(c)Reasonable compensation under Section 15681.
(d)Resignation or removal under Article 3 (commencing with Section 15640) of Chapter 1.
(e)Vacancy and appointment of a successor under Section 15660.
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