SUBPART G. THE TRUSTEE'S BOND

§2171. Individual and corporate trustees

            An individual trustee shall furnish security for the faithful performance of his duties, unless the trust instrument dispenses with security. A corporate trustee need not furnish security unless security is required by the trust instrument.

            The amount and type of security shall be approved by the proper court if not provided for in the trust instrument.

            Acts 2020, No. 17, §4, eff. Jan. 1, 2021.