2010 Massachusetts Code
PART II REAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS
TITLE II DESCENT AND DISTRIBUTION, WILLS, ESTATES OF DECEASED PERSONS AND ABSENTEES, GUARDIANSHIP, CONSERVATORSHIP AND TRUSTS
CHAPTER 201C STATUTORY CUSTODIANSHIP TRUSTS
Section 3 Resignation or removal of trustee; appointment to fill vacancy


MA Gen L ch 201C § 3 What's This?

[Text of section effective until July 1, 2011. Repealed by 2008, 521, Sec. 23. See 2008, 521, Sec. 44.]

Section 3. A trustee may resign by an instrument in writing delivered to the transferor or to his guardian or conservator, if any. A trustee may be removed by the transferor by an instrument in writing delivered to such trustee. If there is more than one person serving as trustee, a vacancy need not be filled, and until a successor is appointed the remaining trustee or trustees may act alone. In the event of a vacancy a successor may be appointed by the transferor, if legally competent, or as the transferor shall have provided by a written instrument, and otherwise by his guardian or conservator, if any, and if none, by his heirs presumptive, and such appointment shall become effective upon acceptance.

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